Whale moves 42,000 ETH worth $112M to Galaxy Digital for sale
- —Whale sent 42,000 ETH worth roughly $111.88 million to Galaxy Digital
- —The ETH was accumulated via Galaxy Digital's OTC desk over the past two months
- —The transfer was flagged by Onchain Lens on September 24
Why it matters: A large OTC sale could add selling pressure on ETH if the coins reach the spot market.
Source: PANews