Galaxy Digital Moves $103M in Ethereum to Coinbase Amid Market Dip

  • Galaxy Digital, the crypto investment firm led by Mike Novogratz, has transferred a substantial amount of Ethereum (ETH) to Coinbase, signaling possible strategic repositioning amid market volatility. According to blockchain analytics platform Spotonchain, Galaxy Digital deposited 39,834 ETHvalued at over $103.6 millioninto Coinbase approximately 10 hours ago.