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by: xpoolPosted on: April 29, 2025

Galaxy Digital Transfers $42M in ETH to Coinbase: Potential Market Impact Looms Large

Galaxy Digital recently transferred 23,900 ETH worth approximately $42.5 million to Coinbase. This large-scale move has sparked speculation about its potential impact on the Ethereum market. While Galaxy Digital hasn’t provided a statement explaining their motivations, analysts are watching closely for any hints of future action.

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