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New Wallet Receives $35.77 Million in Ethereum from Galaxy Digital

Blockchain tracker Onchain Lens spotted a recent 9,272 ETH transfer from Galaxy Digital to a new wallet, suspected to belong to leading Ethereum holders Bitmine or SharpLink.

ETH

Summary

On November 1, Onchain Lens detected that a new wallet received 9,272 ETH worth $35.77 million from Galaxy Digital roughly 40 minutes prior. The recipient is believed to be either Ethereum’s largest holder Bitmine or its second-largest holder SharpLink, though ownership remains unverified.

Terms & Concepts
  • Ethereum (ETH): A decentralized blockchain platform featuring smart contracts, with ETH serving as its native cryptocurrency.
  • Galaxy Digital: A financial services firm focused on digital assets, cryptocurrencies, and blockchain technology.
  • Blockchain Wallet: A digital tool that allows users to store, send, and receive cryptocurrencies securely.