Whale Transfers 52,001 ETH to Galaxy Digital in Suspected $24.5 Million Profit Exit

An unidentified Ethereum whale has transferred large holdings back to Galaxy Digital deposit addresses following the accumulation of 52,001 ETH, with on-chain data indicating a full liquidation securing roughly $24.48 million in profit. The position was initially accumulated starting July 23 via Galaxy Digital's OTC desk for approximately $112 million to $112.4 million at an average price near $2,161 to $2,162 per token. Following a 42,005 ETH transfer on September 24, a final tranche of 9,996 ETH worth around $25 million was moved on October 14 at an average exit price of $2,632 per ETH.