Based on ChainCatcher, SharpLink's address transferred 5,442 ETH to Galaxy Digital's OTC wallet four hours ago, valued at approximately $17.02 million, according to crypto analyst EmberCN. The move is speculated to be in preparation for a potential sale. SharpLink, an Ethereum treasury firm, currently holds around 861,000 ETH, with an average purchase price of $3,609, resulting in a current unrealized loss of about $430 million.
Data: SharpLink Transfers 5,442 ETH to Galaxy Digital, Possibly Preparing for Sale
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