SharpLink transfers 5533 ETH to Galaxy Digital OTC wallet… 10,975 ETH moved over two days

Source
Minseung Kang

Summary

  • Reported that SharpLink is continuously transferring the Ethereum it holds to external addresses.
  • Said that a total of 10,975ETH (about $33.54 million) moved to Galaxy Digital's OTC wallet over two days.
  • Said that SharpLink's large Ethereum transfers are attracting market attention.
Photo = EmberCN X capture
Photo = EmberCN X capture

SharpLink is continuing to transfer the Ethereum (ETH) it holds to external addresses.

On the 20th, according to on-chain virtual asset (cryptocurrency) monitoring account EmberCN(EmberCN), about 3 hours ago 5533ETH (about $16.52 million) moved from a SharpLink address to a Galaxy Digital (Galaxy Digital) OTC wallet.

EmberCN said that since early morning the previous day a cumulative 10,975ETH (about $33.54 million) flowed into the same wallet.

SharpLink is a company that holds Ethereum as a financial asset, and the recent consecutive transfers to an OTC wallet have drawn market attention.

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Minseung Kang

minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
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