On October 14, COINOTAG disclosed significant movements in the cryptocurrency market as a wallet address, 187f5, associated with Galaxy Digital, executed a withdrawal of 57 BTC, equivalent to approximately $3.56 million, from Binance. According to data from The Data Nerd, this wallet has been particularly active, accumulating 500 BTC—valued at around $31.38 million—within the past week. The current balance of this wallet sits at a substantial 3,912 BTC, translating to approximately $244.45 million. Such transactions highlight the ongoing volatility and interest in the Bitcoin market, underscoring the need for investors to closely monitor wallet activities and market trends.
Source: https://en.coinotag.com/breakingnews/galaxy-digitals-wallet-withdraws-57-btc-from-binance-now-holds-3912-btc/