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

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.

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.

ETH

Minseung Kang

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

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

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