Galaxy Digital Dumps $9B in Bitcoin—Here’s Why the Market Didn’t Flinch and What It Means for Your Portfolio
Key Takeaways
Galaxy Digital confirmed that it had executed one of the largest Bitcoin transactions in history, offloading over 80,000 BTC ($9.4 billion) on behalf of a Satoshi-era investor. Despite this, BTC held steady near $117K, hinting at strong market absorption and resilient demand.
On the 25th of July, Galaxy Digital revealed that it facilitated the sale of more than 80,000 Bitcoin [BTC] for a Satoshi-era wallet in what it described as “one of the largest notional Bitcoin transactions ever.”
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