Bitcoin.com News
Bitcoin.com News|Apr 22, 2025 10:31
Mike Novogratz's Galaxy Digital has reportedly executed a significant swap, transferring approximately 100 million worth of Ethereum for Solana. According to a post from Wu Blockchain, onchain data from Lookonchain reveals that Galaxy Digital transferred 65,600 ETH, valued at around 105 million, to Binance over the past two weeks. Concurrently, the firm withdrew 752,240 SOL, approximately 98.37 million, from the exchange, indicating a potential ETH-to-SOL swap. This strategic move highlights Galaxy Digital's ongoing interest in diversifying its cryptocurrency holdings and capitalizing on the growing Solana ecosystem. What do you think about Galaxy Digital's shift towards Solana?
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