BlockBeats reported that on May 19, according to monitoring by The Data Nerd, 8 hours ago, the new wallet 0x558 received 3,700 ETH (about $11.53 million) from Galaxy Digital and then deposited it into Coinbase.
At the same time, Galaxy Digital also deposited 1,300 ETH (about $4.05 million) into Bitstamp; a total of 5,000 ETH (about $15.58 million) was deposited.
