Galaxy Digital Transfers $2.6 Billion in Bitcoin

Galaxy Digital transferred 22,610 Bitcoin, valued at $2.6 billion, to various exchanges on July 25, 2025, sparking significant market volatility.

This Bitcoin liquidation highlights the impact of large-scale crypto asset movements on market stability and investor sentiment.

Galaxy Digital’s $2.6 Billion BTC Transfer: Market Repercussions

Galaxy Digital facilitated the transfer of 22,610 BTC worth an estimated $2.6 billion. These volumes originated from a “Satoshi-era whale,” whose activity has drawn considerable attention in financial circles.

Liquidity alterations occurred promptly, with Bitcoin traded across numerous exchanges, substantially affecting BTC liquidity. Approximately 14,000 BTC landed on Binance, among other platforms.

Galaxy Digital transferred 22,610 BTC (worth $2.6 billion) to multiple addresses and exchanges today. The market should monitor closely for impacts on Bitcoin price action. – @EmberCN, On-chain Analyst

Bitcoin’s Volatility and Historical Market Sensitivity Examined

Did you know? In 2020, the transfer of similar whale-held Bitcoin coincided with historic volatility spikes, highlighting the market’s sensitivity to large holdings.

According to CoinMarketCap, as of July 28, 2025, Bitcoin (BTC) priced nearly $119,478, with its market cap at $2.38 trillion. It saw a 24-hour rise of 1.06%, with total market dominance near 60%. Around 19.9 million BTC are circulating from a capped supply of 21 million.

The Coincu research team suggests continued monitoring of whale behaviors influencing market trends, pointing to potential regulatory scrutiny due to these substantial liquidations. Historical patterns highlight BTC’s market sensitivity to such events.