Onchain Lens said a wallet believed to be tied to Lombard Finance transferred 750 BTC to Galaxy Digital in a move valued at about $47.8 million. The wallet address was identified as bc1qg...cnx3n. The tracked transfer was described as a possible over-the-counter, or OTC, transaction. The report did not provide additional details on the counterparties or settlement terms. The transfer was cited by ChainCatcher in a brief market update under its whale movement category.
ChainCatcher reported, citing Onchain Lens, that a wallet believed to be associated with Lombard Finance sent 750 BTC to Galaxy Digital. The transfer was valued at about $47.8 million.
The wallet address was listed as bc1qg...cnx3n. According to the update, the transaction may be related to an over-the-counter, or OTC, trade.
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