Crypto exchange Galaxy Digital has transferred 9,272 Ethereum (ETH) worth approximately $35.77 million to a newly created wallet. This move is generating speculation about potential ownership connections and its impact on the price of Ethereum. [Onchain lens]** monitoring this transfer reveals that the recipient’s identity remains unknown. [Industry analysts] speculate possible ties to prominent Ethereum holders, such as Bitmine or SharpLink. Galaxy Digital, led by Michael Novogratz, has been actively reallocating its holdings recently, with over 100,972 ETH already moved this year. This suggests a strategic shift within their investment strategies and fund deployment.