Galaxy Digital Deposits 65,600 ETH and Withdraws 752,240 SOL in $105M Ethereum-for-Solana Swap

Galaxy Digital has conducted a major cryptocurrency transaction involving Ethereum (ETH) and Solana (SOL) over the past two weeks. The firm deposited approximately 65,600 ETH, valued around $105 million, into the Binance exchange. Concurrently, it withdrew about 752,240 SOL, worth approximately $98.37 million, from Binance. This activity indicates that Galaxy Digital is selling Ethereum to acquire Solana. Despite these transactions, Galaxy Digital still holds around 55,760 ETH, valued at approximately $87.86 million. This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz . To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

Source: The Defiant