14-Year Dormant Whale Moves 9,000 BTC to Galaxy Digital, Sparking Massive Bitcoin Deposits to CEX

On July 15, a significant blockchain movement was observed when a long-dormant whale, inactive for over 14 years and possessing more than 80,000 BTC, transferred 9,000 BTC to Galaxy Digital. Following this transfer, Galaxy Digital promptly initiated deposits of Bitcoin to centralized exchanges (CEX), with over 260 BTC moved within just 30 minutes. This activity highlights increased liquidity flows and potential shifts in institutional Bitcoin holdings, signaling important market dynamics for crypto investors and analysts monitoring large-scale asset reallocations.

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