Galaxy Digital transferred another 5,000 ETH to Binance, transferring more than 65,000 ETH to the exchange within a week

Odaily News According to OnchainDataNerd, Galaxy Digital transferred another 5,000 ETH to Binance 8 hours ago, which was equivalent to about 8.11 million US dollars at the time. In the past week, it has transferred a total of about 65,280 ETH to the exchange, worth about 105 million US dollars.
As of now, the address still holds about 55,760 ETH, worth about $87.86 million. Frequent transfers to exchanges may indicate expectations of cashing out, and the market needs to pay attention to potential selling pressure.