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Cryptocurrency News Articles

Galaxy Digital Increased Market Speculation After Depositing 23900 ETH Valued at $42 Million Through Coinbase

Apr 29, 2025 at 10:30 pm

Market speculation grew stronger after Coinbase received the large Ethereum deposit, causing investors to fear Galaxy Digital would sell their cryptocurrency due to its recent trading strategies.

Galaxy Digital Increased Market Speculation After Depositing 23900 ETH Valued at $42 Million Through Coinbase

Galaxy Digital’s large ETH deposit to Coinbase has triggered market speculation, Benzinga reports.

The crypto market is closely watching the activity of Galaxy Digital in the wake of several large ETH deposits to Coinbase.

Several ETH deposits were made by Galaxy Digital in a short period of time. Several market outposts, together with token huomồng, showed concern over the rapid and large-scale nature of these Ethereum wallet transactions.

The market usually reacts negatively when whales transfer their assets to exchanges as this is viewed as a prelude to selling.

The firm’s recent Solana purchases through Ethereum investments have led to predictions of more bearish behavior for the Ethereum market.

Due to its strong market position, Galaxy Digital’s actions are closely followed in the digital asset markets. Though the recent activities by Galaxy Digital have not yet caused any market movements, their timing sustains continuing marketplace predictions.

Recently, Galaxy Digital has been making several ETH transfers using OTC wallets to transfer the assets to Coinbase Pro.

The firm made multiple transactions within eight consecutive hours to transfer the assets.

The market speculations grew stronger after Coinbase received the large Ethereum deposit.

Coinbase received the deposit as the market is closely watching the firm’s moves. Several investors grew more pessimistic toward the altcoin as they question Galaxy Digital’s Ethereum investment stance. They also fear that the firm may sell its cryptocurrency holdings.

Several investors grew more pessimistic toward the altcoin since they question Galaxy Digital’s Ethereum investment stance and fear that the firm may sell its cryptocurrency holdings due to its recent trading strategies.

The firm’s recent Solana purchases through Ethereum investments have led to predictions of more bearish behavior for the Ethereum market.

Due to its strong market position, Galaxy Digital’s actions are closely followed in the digital asset markets. Though the recent activities by Galaxy Digital have not yet caused any market movements, their timing sustains continuing marketplace predictions.

Recently, Galaxy Digital has been making several ETH transfers using OTC wallets to transfer the assets to Coinbase Pro.

The firm made multiple transactions within eight consecutive hours to transfer the assets.

Several market outposts, together with token huomồng, showed concern over the rapid and large-scale nature of these Ethereum wallet transactions.

The market usually reacts negatively when whales transfer their assets to exchanges as this is viewed as a prelude to selling.

Several market outposts, together with token huomồng, showed concern over the rapid and large-scale nature of these Ethereum wallet transactions during these operations.

When whales transfer their assets to exchanges, the market interprets this as a sign they may sell, leading to bigger market reactions.

The firm’s recent Solana purchases through Ethereum investments have led experts to predict more bearish behavior for the Ethereum market.

Because of its strong market position, Galaxy Digital’s actions are closely followed in the digital asset markets.

The digital asset markets are closely following the actions of Galaxy Digital and its ventures into Solana.

Galaxy Digital is known for its significant cryptocurrency investments and ventures into emerging digital assets. The firm’s actions are closely followed by market participants who seek to anticipate any major shifts in cryptocurrency prices or trends.

Recently, Galaxy Digital has been making several ETH transfers using OTC wallets to transfer the assets to Coinbase Pro.

The firm made multiple transactions within eight consecutive hours to transfer the assets.

Several market outposts, together with token huomồng, showed concern over the rapid and large-scale nature of these Ethereum wallet transactions.

The market usually reacts negatively when whales transfer their assets to exchanges as this is viewed as a prelude to selling.

Several investors grew more pessimistic toward the altcoin since they question Galaxy Digital’s Ethereum investment stance and fear that the firm may sell its cryptocurrency holdings.

The firm’s recent Solana purchases through Ethereum investments have led to predictions of more bearish behavior for the Ethereum market.

Because of its strong market position, Galaxy Digital’s actions are closely followed in the digital asset markets.

The digital asset markets are closely following the actions of Galaxy Digital and its ventures into Solana.

Galaxy Digital is known for its significant cryptocurrency investments and ventures into emerging digital assets. The firm’s actions are closely followed by market participants who seek to anticipate any major shifts in cryptocurrency prices or trends.

Recently, Galaxy Digital has been making several ETH transfers using OTC wallets to transfer the assets to Coinbase Pro.

The firm made multiple transactions within eight consecutive hours to sell the assets.

Several market outposts, together with token huomồng, showed concern over the rapid and large-scale nature of these Ethereum wallet transactions.

The market usually reacts negatively when whales transfer their assets to exchanges as this is viewed as a prelude to selling.

Several market outposts, together with token huomồng, showed concern over the rapid and large-scale nature of these Ethereum wallet transactions during these operations.

When whales transfer their assets to exchanges, the market interprets this as a sign they may sell, leading

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