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52,001 ETH worth $112M moved via Galaxy Digital, showing potential $24.48M profit if sold at current prices

Market News
14 Oct 2026, 10:40 WIB
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52,001 ETH worth $112M moved via Galaxy Digital, showing potential $24.48M profit if sold at current prices

An unidentified address received 52,001 Ether (ETH) through Galaxy Digital's over-the-counter channel starting July 23 and then transferred the ETH in batches to deposit addresses linked to the trading firm. The ETH was valued at about $112 million at the time of transfer, with an average entry price of $2,161 per ETH. If sold at the current price of $2,632 per ETH, the position would yield a hypothetical profit of approximately $24.48 million, or 21.8%. However, these transfers do not confirm that the tokens have been sold yet, indicating potential future market activity.

The story about an unidentified address sending 52,001 ETH to Galaxy Digital is presented here with market context from Pluang's cryptocurrency data. For readers following major cryptocurrencies, here is Pluang's market snapshot as of Oct 14, 2026 14:02 WIB: out of 50 major cryptocurrencies, 10 rose and 39 fell. Notable movers include COTI at Rp222 with a 1-day change of -3.98%, XLM at Rp3.392 with -3.47%, and NEO at Rp42.599 with -3.32%.

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