Silent Bitcoin Whale Moves Over 30,000 BTC to Galaxy Digital in One Day

On July 15, blockchain analytics firm Arkham reported a significant transaction involving a long-dormant Bitcoin whale holding approximately 80,000 BTC. This investor, inactive for 14 years, moved 1,410 BTC to Galaxy Digital within a 22-minute window. Cumulatively, the whale has transferred an impressive total of 30,010 BTC to Galaxy Digital throughout the day. Such large-scale movements by historically silent holders often attract considerable attention in the cryptocurrency market, signaling potential shifts in institutional asset management or liquidity strategies. Monitoring these transactions provides valuable insights into market dynamics and investor behavior within the Bitcoin ecosystem.

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Source: https://en.coinotag.com/breakingnews/silent-bitcoin-whale-moves-over-30000-btc-to-galaxy-digital-in-one-day/