According to @lookonchain, Arthur Hayes transferred 508.647 ETH (about $1.5M) to a Galaxy Digital–labeled address, with the wallet attribution sourced from Arkham Intelligence’s Arthur Hayes entity page (source: Lookonchain on X, Dec 19, 2025; source: Arkham Intelligence). Traders often treat whale transfers to institutional or exchange-linked addresses as potential sell-side or hedging flow and monitor subsequent ETH exchange/OTC inflows for near-term supply impact (source: CryptoQuant research on exchange inflows; source: Glassnode Week On-Chain reports). To validate trade setups, watch ETH netflows to centralized venues, spot-derivatives basis and funding, and order book depth/imbalance in the hours after the transfer to assess liquidity and potential pressure (source: CryptoQuant on-chain metrics; source: Kaiko market microstructure analysis). The transfer detail and address labeling rely on Arkham’s entity tags and Lookonchain’s on-chain alert; no exchange has confirmed a sale at this time (source: Arkham Intelligence; source: Lookonchain on X, Dec 19, 2025).

According to @OnchainDataNerd, SharpLink Gaming (SBET) moved 5,533 ETH (~$16.48M) to Galaxy Digital about 3 hours ago, with the transaction address link provided by the author (source: @OnchainDataNerd). The same wallet sent 5,442 ETH (~$17.02M) to Galaxy Digital the previous day, bringing two-day transfers to 10,975 ETH (~$33.50M) according to @OnchainDataNerd.