<ul><li>One of the most prominent ETH investors, Galaxy Digital, has been selling its ETH holdings and replacing it with SOL, the token of the Solana blockchain.</li><li>In the past two weeks, Galaxy Digital deposited 65,600 ETH ($105.48M) into Binance and withdrew 752,240 SOL ($98.37M) from the exchange.</li><li>Solana is considered a prominent competitor to Ethereum, offering faster speeds and lower transaction costs, which may pose a threat to Ethereum if more investors follow Galaxy Digital's lead.</li><li>Additionally, a wallet linked to the Ethereum Foundation has deposited 1,000 ETH ($1.58M) into Kraken, raising questions about whether the Foundation is also selling its holdings.</li></ul>

Ethereum Investors Capitulate? Prominent Crypto Giant Sells ETH to Buy SOL

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