Galaxy Digital has recently acquired an additional 501 BTC from Jump, marking a significant transaction valued at approximately $53 million. This transfer, recorded just two hours ago according to The Data Nerd monitoring service, highlights ongoing strategic movements within the crypto asset management sector. Over the past three days, Galaxy Digital has accumulated a total of 1,001 BTC from Jump, equating to roughly $105.32 million in digital assets. Presently, Galaxy Digital’s Bitcoin holdings stand at an impressive 4,377 BTC, with a market value nearing $462.37 million. These substantial inflows underscore Galaxy Digital’s continued commitment to expanding its Bitcoin portfolio, reflecting broader institutional confidence in cryptocurrency as a long-term investment vehicle. Market participants should monitor such large-scale transfers closely, as they often signal shifts in institutional positioning within the volatile crypto market.
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Source: https://en.coinotag.com/breakingnews/galaxy-digital-receives-over-1000-btc-from-jump-in-three-days-boosting-holdings-to-4377-btc/