DBS Bank Withdraws $6.27 Million in ETH, Sparks Market Attention

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DBS Bank moved 2,000 ETH worth $6.27 million from Galaxy Digital, per The Data Nerd. The transaction occurred seven hours before public reports. ETH price remains stable amid the move. The bank holds $499 million in ETH and $706 million in BTC. The withdrawal aligns with its digital asset strategy. Institutional ETH analysis often highlights such activity as a sign of market maturity.
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