Update: Galaxy Digital’s Selling Address Holds Only 13,504 Bitcoins, Nearly 34,000 Transferred Out Today
BlockBeats News, July 25 — According to Arkham data, Galaxy Digital currently holds only 13,504 BTC on-chain, worth approximately $1.57 billion. Today, Galaxy Digital has transferred out nearly 34,000 BTC, valued at around $4 billion, most of which went directly to trading platforms and were sold, with the selling pressure already absorbed by the market. Galaxy Digital has also withdrawn over 1.3 billion USDT from trading platforms today.
On July 18, a whale who had held 80,000 BTC since the Satoshi era transferred the last 40,192 BTC (worth about $4.83 billion) to Galaxy Digital.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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