Mike Novogratz's Galaxy Digital Swaps $100M ETH for SOL, On-Chain Data Shows

Mike Novogratz's Galaxy Digital has apparently swapped $100 million worth of ether (ETH) for solana's SOL.According to Wu Blockchain, on-chain data suggests that Galaxy has swapped out a considerable amount of its ETH holdings for SOL. Over the last two weeks, Galaxy has transferred 65,600 ETH – or about $105 million – to Binance and has withdrawn 752,240 SOL (approximately $98.37 million) source: https://www.coindesk.com/markets/2025/04/22/mike-novogratz-s-galaxy-digital-swaps-usd100m-eth-for-sol-on-chain-data-shows