How do the speeds at which most nearby galaxies are moving away from the earth compare to the speeds of distant galaxies that are moving away from earth?

Distant galaxies are moving away from Earth at faster speeds compared to nearby galaxies. This is due to the expansion of the universe, where galaxies farther away experience a greater redshift, indicating faster recession velocities. This relationship is described by Hubble's Law, which states that the recessional velocity of a galaxy is directly proportional to its distance from us.