Wallet Receives 45,000 ETH From Galaxy Digital OTC
The transfer was valued at about $119.67 million, while the receiving wallet later consolidated nearly 55,000 ETH.
A wallet received 45,000 Ether (ETH) from Galaxy Digital’s OTC desk in a transaction valued at about $119.67 million.
The transfer carried an average price of about $2,659 per ETH. Afterward, the wallet combined part of its existing holdings with the newly received ETH through intermediary wallets, sending a total of roughly 54,990 ETH to the same destination wallet.
That wallet held approximately 57,257.78 ETH, valued at about $153.4 million. No outgoing transfers had been recorded from the wallet at the time of the report.
The movement highlights a large concentration of ETH in a single wallet, but the transaction alone does not establish whether the funds represent an investment, custody arrangement or another OTC settlement.
