12 Galaxy Digital Moves 60,600 ETH to Binance: Panic or Real Selling?In the last month, Galaxy Digital transferred a massive 60,600 ETH — worth around $98 million — to Binance from wallet address 0x33566c9D8BE6Cf0B23795E0d380E112Be9d75836.This series of large Ethereum transfers has sparked speculation in the crypto market. Are they just rotating assets or preparing for a major sell-off?Key Highlights:Total ETH moved: 60,600 ETHEstimated USD value: ~$98 millionDestination: BinanceSource wallet: 0x3356...5836 (Galaxy Digital OTC)Some traders believe it’s just routine reallocation, while others fear it signals an upcoming dump.Should You Be Worried?If you’re an ETH holder or short-term trader, it’s worth keeping an eye on this wallet. Large moves to exchanges often precede sell-offs, but not always. It could also be internal treasury management.ConclusionGalaxy Digital’s $98M ETH transfer may shake confidence, but don’t panic. Watch price action, stay updated, and manage risk smartly.
