Galaxy Digital OTC-linked wallet deposits 21,400 ETH to exchanges, valued at $49.3M

On-chain analyst Aunt Ai reported that a wallet linked to Galaxy Digital's OTC activity (0x16F6d15381bEE4A25B25F0d1C4161b78f7F21Fde) sent a total of 21,400 ETH to cryptocurrency exchanges over the past 24 hours. The transfers were valued at about $49.3 million, implying an average deposit price of $2,307.34 per ETH.