GALA (GALA) Price, Analysis, Predictions, and Calculator

According to @lookonchain, Galaxy Digital has deposited 1,458 BTC, valued at $78.5 million, to Coinbase Prime 8 hours ago. This significant transfer to a major exchange could indicate potential trading activity or liquidity management by Galaxy Digital.

According to RootDataLabs, Balance.fun, operated by Balance Games, has emerged as the number one hot project on RootData's 24-hour ranking. The project recently raised $30 million in a funding round led by a16zcrypto and Galaxy Interactive. This significant investment indicates strong market interest and potential growth for Balance.fun.

According to Justin Sun, Tron's upcoming celebrity season is anticipated to be even more spectacular than the Meta Gala. This hints at potential high-profile events or partnerships that could positively impact Tron's visibility and market performance.

According to @ai_9684xtpa, Galaxy Digital has deposited 700 BTC, worth approximately $44.81 million, into Binance five hours ago. The BTC is being converted to ETH, suggesting a possible partial portfolio rebalancing.

According to @ai_9684xtpa, Galaxy Digital withdrew 3735 ETH, worth $10.24 million, from Binance at a price of $2740 per ETH five hours ago. Currently, Galaxy Digital holds a total of 63984 ETH on-chain, with a total value of approximately $175 million.

According to @OnchainDataNerd, within a span of 3 hours, three wallets collectively withdrew 9,950 ETH (approximately $27.4 million) from Binance. Wallet 0x16F, potentially linked to Galaxy Digital, withdrew 3,735 ETH ($10.23 million). Wallet 0x7CE withdrew 4,000 ETH ($11.05 million), and wallet 0x998 withdrew 2,215 ETH ($6.12 million). All the withdrawn ETH was subsequently staked into Etherfi.

According to @OnchainDataNerd, Galaxy Digital recently withdrew 400 BTC, approximately valued at $23.4 million, from Binance. Despite this withdrawal, Galaxy Digital still holds a significant amount of BTC, totaling 3,609 BTC worth about $221.95 million.

According to @ai_9684xtpa, Galaxy Digital (@galaxyhq) has allegedly increased its BTC holdings by 400 BTC, valued at $23.4 million, half an hour ago. The institution had previously withdrawn a total of 6950 BTC from Binance between July 27 and August 2, worth $464 million at an average price of $66776. Subsequently, during the week of August 3 to August 6, they deposited 2050 BTC (approximately $112 million) back to the exchange, potentially incurring a loss of $24.78 million if sold.

According to @EmberCN, 75,000 $BANANA tokens worth $3.75 million were transferred from the Banana Gun treasury to a Galaxy Digital address 5 hours ago. Subsequently, 25,000 tokens ($1.25 million) were moved to Binance within the past 2 hours. Given that Galaxy Digital does not typically engage in market-making activities, this raises questions about whether these transactions were conducted over-the-counter (OTC).

According to @ai_9684xtpa, a large whale or institution with the address 0x50f...4bF21 bought 1474 WBTC worth $84.03 million from Galaxy Digital OTC seven hours ago. This purchase comes at a time when WBTC is significantly affected by a 'custody change.' MakerDAO has passed and executed a proposal to reduce the WBTC collateral scale, indicating that WBTC's largest backer no longer supports its use in the DeFi ecosystem.

According to @lookonchain, Marathon Digital announced the purchase of 4,144 BTC worth $249 million at an average price of $59,500 between August 12 and August 14. On-chain data indicates that Marathon has received 3,896 BTC valued at $227.9 million from Galaxy Digital, FalconX, and NYDIG.

According to @OnchainDataNerd, a wallet associated with Galaxy Digital deposited a total of 276 BTC (approximately $16.14 million) to Binance and OKX four hours ago. The wallet still holds 3,574 BTC (around $210.34 million).

According to @OnchainDataNerd, 8 hours ago, Galaxy Digital deposited 5,810 ETH, valued at approximately $15.17 million, to Binance. Concurrently, they withdrew 14.38 million USDT. Additionally, the previous day, Galaxy Digital withdrew 1,097 MKR, worth around $2.2 million, from Binance.

According to @OnchainDataNerd, Galaxy Digital (Twitter handle @galaxyhq) recently withdrew 5,000 ETH, valued at approximately $16.07 million, from Coinbase. Their current portfolio now holds 19,094 ETH, worth around $60.88 million.

According to @CCData_io, today's key developments in the cryptocurrency market include Jersey City's pension fund planning to invest in spot Bitcoin ETFs, Coinbase UK being fined $4.5 million, Galaxy Digital raising $113 million for a new crypto venture fund, and notable market movements in ZEN, ZEC, and HNT.

According to @ai_9684xtpa, a Galaxy Digital-associated address transferred $288 million worth of BTC to Binance within the last 5 hours. The total amount transferred was 4500 BTC at an average price of $64,189. The funds originated from two sources: 1042.5 BTC were withdrawn from an exchange at an average price of $65,868 between July 11 and July 23 from address 1Byon...vRAWF, and another portion was obtained at an average price of $66,886 from Coinbase two months ago from address bc1qez...ymy6k.

According to @OnchainDataNerd, GalaxyHQ deposited 105,000 AVAX tokens, valued at approximately $2.93 million, into Binance from their OTC wallet. This significant transfer might indicate upcoming trading activity or a strategic move by GalaxyHQ.

According to HuobiGlobal, Huobi HTX has completed compensation for users affected by the pGALA token issuance attack, covering tens of millions of dollars in damages. The compensation includes payouts, internal rights, and Gala node compensations. Additionally, Huobi HTX has destroyed the ROCK tokens (formerly pGALA) on the TRON network and re-minted them on the GALA chain.

According to @CCData_io, there are significant developments in the cryptocurrency market today. Spot Ether ETFs are expected to receive approval by July 4, potentially impacting Ether's market performance. Additionally, State Street and Galaxy Digital are planning to launch new crypto ETFs that go beyond Bitcoin, which could diversify investment opportunities. Lastly, Abra has reached an $82 million settlement with 25 states for operating without licenses, possibly affecting its market reputation and operations.