Movement Alert｜Galaxy Digital Falls 5.68% in Pre-Market Trading, Large ETH Deposit by Crypto Whale Sparks Sell Pressure Concerns

Market Focus06-23

On June 23, Galaxy Digital fell 5.68% in pre-market trading, trading at $31.16/share, with turnover of approximately $105,800.

On the news front, on-chain data revealed that BitMEX co-founder Arthur Hayes recently deposited 6,000 ETH, valued at approximately $10.14 million, to OTC trading platforms FalconX and Galaxy Digital. Large-scale transfers of crypto assets to OTC desks by major holders are typically interpreted by the market as potential sell signals, triggering investor concerns over liquidity pressure in the broader crypto market.

Galaxy Digital, as a global digital asset market maker and custodian service provider, derives its revenue heavily from trading, principal investments, and asset management tied to cryptocurrency market conditions. Weakening sentiment in the crypto space directly weighs on the company's stock. Within the Asset Management & Custody Banks sector, BlackRock fell 1.62%, Blackstone Group fell 1.35%, and KKR fell 0.01%, while Bank of New York Mellon edged up 0.01% and State Street gained 0.74%.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1103814651?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-06-23 16:41","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1103814651","market":"us","top_or_hot":-1,"title":"Movement Alert｜Galaxy Digital Falls 5.68% in Pre-Market Trading, Large ETH Deposit by Crypto Whale Sparks Sell Pressure Concerns","media":"Market Focus","content":"<p><p>On June 23, Galaxy Digital fell 5.68% in pre-market trading, trading at $31.16/share, with turnover of approximately $105,800.</p><p>On the news front, on-chain data revealed that BitMEX co-founder Arthur Hayes recently deposited 6,000 ETH, valued at approximately $10.14 million, to OTC trading platforms FalconX and Galaxy Digital. Large-scale transfers of crypto assets to OTC desks by major holders are typically interpreted by the market as potential sell signals, triggering investor concerns over liquidity pressure in the broader crypto market.</p><p>Galaxy Digital, as a global digital asset market maker and custodian service provider, derives its revenue heavily from trading, principal investments, and asset management tied to cryptocurrency market conditions. Weakening sentiment in the crypto space directly weighs on the company's stock. Within the Asset Management & Custody Banks sector, BlackRock fell 1.62%, Blackstone Group fell 1.35%, and KKR fell 0.01%, while Bank of New York Mellon edged up 0.01% and State Street gained 0.74%.</p><p>(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)</p></p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Movement Alert｜Galaxy Digital Falls 5.68% in Pre-Market Trading, Large ETH Deposit by Crypto Whale Sparks Sell Pressure Concerns</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMovement Alert｜Galaxy Digital Falls 5.68% in Pre-Market Trading, Large ETH Deposit by Crypto Whale Sparks Sell Pressure Concerns\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1054767329\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/51943b2858f75e05ca2ebb144b4e626a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Market Focus </p>\n<p class=\"h-time\">2026-06-23 16:41</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p><p>On June 23, Galaxy Digital fell 5.68% in pre-market trading, trading at $31.16/share, with turnover of approximately $105,800.</p><p>On the news front, on-chain data revealed that BitMEX co-founder Arthur Hayes recently deposited 6,000 ETH, valued at approximately $10.14 million, to OTC trading platforms FalconX and Galaxy Digital. Large-scale transfers of crypto assets to OTC desks by major holders are typically interpreted by the market as potential sell signals, triggering investor concerns over liquidity pressure in the broader crypto market.</p><p>Galaxy Digital, as a global digital asset market maker and custodian service provider, derives its revenue heavily from trading, principal investments, and asset management tied to cryptocurrency market conditions. Weakening sentiment in the crypto space directly weighs on the company's stock. Within the Asset Management & Custody Banks sector, BlackRock fell 1.62%, Blackstone Group fell 1.35%, and KKR fell 0.01%, while Bank of New York Mellon edged up 0.01% and State Street gained 0.74%.</p><p>(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)</p></p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"GLXY","symbol_name":"Galaxy Digital Holdings Ltd.","start_time":0,"source_url":"","article_id":"1103814651","we_media_id":"1054767329","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1103814651","pubTimestamp":1782204069,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Market Focus","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1054767329","head_image":"https://static.tigerbbs.com/51943b2858f75e05ca2ebb144b4e626a"},"summary":"On June 23, Galaxy Digital fell 5.68% in pre-market trading, trading at $31.16/share, with turnover of approximately $105,800.On the news front, on-chain data revealed that BitMEX co-founder Arthur...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"GLXY":"Galaxy Digital Holdings Ltd."},"translate_title":"动向提示|Galaxy Digital盘前跌5.68%加密鲸大量ETH存款引发抛压担忧","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"GLXY":1},"content_text":"On June 23, Galaxy Digital fell 5.68% in pre-market trading, trading at $31.16/share, with turnover of approximately $105,800.On the news front, on-chain data revealed that BitMEX co-founder Arthur Hayes recently deposited 6,000 ETH, valued at approximately $10.14 million, to OTC trading platforms FalconX and Galaxy Digital. Large-scale transfers of crypto assets to OTC desks by major holders are typically interpreted by the market as potential sell signals, triggering investor concerns over liquidity pressure in the broader crypto market.Galaxy Digital, as a global digital asset market maker and custodian service provider, derives its revenue heavily from trading, principal investments, and asset management tied to cryptocurrency market conditions. Weakening sentiment in the crypto space directly weighs on the company's stock. Within the Asset Management & Custody Banks sector, BlackRock fell 1.62%, Blackstone Group fell 1.35%, and KKR fell 0.01%, while Bank of New York Mellon edged up 0.01% and State Street gained 0.74%.(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.44.0","shortVersion":"4.44.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1103814651","isCrawlerRequest":true}