Galaxy Digital transfers 900 Bitcoin to newly created wallet
Key Takeaways
- Galaxy Digital transferred 900 Bitcoin, worth about $82 million, to a newly created wallet.
- The transaction is part of a pattern of significant Bitcoin movements among major players.
Galaxy Digital, a digital asset management firm, transferred 900 Bitcoin to a newly created wallet today, according to data tracked by Lookonchain. The transaction highlights continued large-scale Bitcoin movements by major players in the crypto market.
Galaxy Digital operates as a cryptocurrency-focused firm providing trading, investment, and blockchain technology advisory services to institutional clients. Earlier this year, the firm executed a historic 80,000 Bitcoin sale for a Satoshi-era crypto whale.
Bitcoin was trading at $90,271 at the time of reporting, with high volatility as investors brace for the upcoming FOMC meeting.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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