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Galaxy Digital has moved 23,900 ETH to Coinbase, triggering sell-off concerns

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Summary
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57% Informative

Galaxy Digital has moved 23,900 ETH to Coinbase in a move that triggered sell-off concerns for the largest altcoin.

Firm moved ETH holdings from its OTC wallets in multiple transactions, transferring the holdings to Coinbased in under eight hours .

Galaxy Digital offloaded ETH to purchase Solana on Binance last week , triggering a price slump.

ETH price is holding its own since Galaxy Digital moved its ETH holdings to exchanges.

VR Score

35

Informative language

25

Neutral language

18

Article tone

formal

Language

English

Language complexity

44

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not offensive

Hate speech

not hateful

Attention-grabbing headline

detected

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not detected

Time-value

short-lived

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