Data: SharpLink transfers 5,442 ETH to Galaxy Digital or prepares for sale

According to crypto analyst Yu Jin @EmberCN, the SharpLink address transferred 5,442 ETH to Galaxy Digital's OTC wallet 4 hours ago, amounting to approximately 17.02 million dollars at current prices, suspected to be preparing for a sale.

SharpLink, as an Ethereum treasury company, holds approximately 861,000 ETH, with an average cost of around 3,609 dollars, currently facing an unrealized loss of about 430 million dollars.