gtag('config', 'G-0PFHD683JR');
Bitcoin

Galaxy Digital empties ethereum and accumulates Solana in the amount

Crypto Galaxy Digital is implementing the assets swap that includes local codes from Layer-1 Blockchains Ethereum (ETHENA) and Solana (SOL), according to the data on the series.

Data from Blockchain Lookonchain tracking platform Suggest Galaxy Digital, over the past two weeks, has sold Ethereum worth tens of millions of dollars and bought Solana.

“In the past two weeks, Galaxy Digital 65,600 ETH ($ 105.48 million) has been deposited to Binance and withdrew 752,240 Sol ($ 98.37 million) from Binance.”

Source: Lookonchain/X
Source: Lookonchain/X

Currently from the reorganization of the Galaxy Digital wallet in the company of the company’s research head, Alex Thorn, expecting that the United States will buy Bitcoin this year to add it to the strategic bitcoin reserves (SBR) that was launched in March. According to Thorn, one of the options that the United States can exercise to buy the main encryption assets in a neutral budget manner is to swap altcoins to Bitcoin.

“To be specific, you can sell altcoin in Altcoin/BTC husband and never touch the money at all. No money must flow into [US] The public treasury. It can be an easier way to reach the “made promises offered, and the reserved promises” on SBR. “

ETHEREUM is trading at $ 1630 at the time of writing, a decrease of 67 % of the heights that were ever reached in November 2021. Solana changes his hands at $ 140 at the time of writing, a decrease of 52 % of the high record in January.

Follow us xand Facebook and cable

Don’t miss a rhythm – Subscribe to deliver email alerts directly to your inbox

Check the price procedure

Browse the daily Hodl Mix

& nbsp

Disclosure: The views expressed in Daily Hodl are not an investment advice. Investors must do due care before making any high -risk investments in bitcoin, cryptocurrency, or digital assets. Please note that your transfers and trading on your own responsibility, and any losses you may bear are your responsibility. Daily Hodl does not recommend buying or selling any encrypted currencies or digital assets, and Hodl Daily Andersor is an investment. Please note that the daily Hodl participates in dependent marketing.

Created Image: Midjourney & Openai

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button