Galaxy Digital transfers 900 Bitcoin to newly created wallet
Key Takeaways
- Galaxy Digital transferred 900 Bitcoin, worth about $82 million, to a newly created wallet.
- The transaction is part of a pattern of significant Bitcoin movements among major players.
Galaxy Digital, a digital asset management firm, transferred 900 Bitcoin to a newly created wallet today, according to data tracked by Lookonchain. The transaction highlights continued large-scale Bitcoin movements by major players in the crypto market.
Galaxy Digital operates as a cryptocurrency-focused firm providing trading, investment, and blockchain technology advisory services to institutional clients. Earlier this year, the firm executed a historic 80,000 Bitcoin sale for a Satoshi-era crypto whale.
Bitcoin was trading at $90,271 at the time of reporting, with high volatility as investors brace for the upcoming FOMC meeting.
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.
You may also like
SOL Price Forecast for Early 2025: Network Enhancements and Growing Institutional Interest Transform Solana’s Core Dynamics
- Solana's 2025 advancements in scalability (65k TPS) and sub-150ms finality position it as a leading blockchain for institutional finance. - Institutional adoption by Franklin Templeton, Securitize, and Société Générale accelerates asset tokenization and cross-border payment solutions. - Marinade Select's $436M TVL and Bitwise/Grayscale ETFs drive institutional capital inflows, supporting bullish SOL price forecasts ($150–$300 in 2025). - Regulatory clarity and partnerships with Visa/Coinbase reinforce So
Reddit is currently experimenting with verification badges
YouTube TV will introduce subscription packages based on genres starting in 2026
Trending news
MoreCrypto prices
More
