Galaxy Digital sparked widespread speculation after transferring over 10,000 BTC
BTC
$116 487
24h volatility:
1.8%
Market cap:
$2.32 T
Vol. 24h:
$84.41 B
, worth approximately $1.18 billion, to multiple exchanges in a matter of hours.
The move resulted in a sudden 3% drop in Bitcoin price, as the leading cryptocurrency currently trades at $115K, retracing slightly from its all-time high of $123K.
80,000 BTC Unloaded: A Whale Awakens
The activity traces back to a Satoshi-era Bitcoin whale, who has completely liquidated 80,202 BTC, acquired more than 14 years ago when Bitcoin traded below $4.
The massive stash, valued at nearly $10 billion, was split across multiple transactions over the past three days, with the final
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