Galaxy Digital Soars 10.43% on Ethereum Surge, Crypto Legislation

Generated by AI AgentAinvest Pre-Market Radar
Monday, Jul 21, 2025 5:56 am ET1min read
Aime RobotAime Summary

- Galaxy Digital's stock surged 10.43% pre-market amid Ethereum's 24% weekly rise to $3,580.

- BlackRock's $406M Ethereum purchase and U.S. crypto legislation progress fueled market optimism.

- A Satoshi-era Bitcoin whale transferred $4.8B to Galaxy Digital, signaling potential future sales impact.

On July 21, 2025, Galaxy Digital's stock price surged by 10.43% in pre-market trading, marking a significant rise that has caught the attention of investors and analysts alike.

Galaxy Digital's recent performance has been closely tied to the surging price of

, which has seen a 24% weekly increase to $3,580. This surge is attributed to the growth of decentralized finance (DeFi) and significant institutional investments, including BlackRock's $406 million purchase of Ethereum. The positive sentiment surrounding Ethereum has likely contributed to Galaxy Digital's stock rally.

Additionally, the U.S. has made notable progress on crypto legislation, which has further boosted investor confidence in the crypto sector. This legislative progress, coupled with the institutional buying of Ethereum, has created a favorable environment for Galaxy Digital's stock performance.

Another significant development is the movement of a Satoshi-era

whale, who transferred the final $4.8 billion to . This move suggests that the whale may be preparing for a sale, which could have implications for Galaxy Digital's stock price in the coming days.

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