Main to remember
- Galaxy Digital moved 3,782 BTC, worth $ 447 million, to discussions within 12 hours.
- Transfers have raised concerns of potential sales pressure and increased volatility on the market.
Share this article
Galaxy Digital sent 3,782 Bitcoin (BTC) worth $ 447 million to crypto exchanges in the last 12 hours, according to data from Arkham Intelligence, triggering new speculations on a major sale.
East #Galaxidigital Help customers to sell $ BTC Again?
In the past 12 hours, the galaxidigital has transferred 3,782 others $ BTC($ 447 million), most of which went to trade. pic.twitter.com/4wqf8dzx2y
– Lookonchain (@lookonchain) July 29, 2025
The transfer follows the sale by Galaxy Digital of more than 80,000 BTC last week, the largest known Bitcoin liquidation, for an investor of the Satoshi era who reactivated his portfolio after 14 years of dormancy.
Bitcoin briefly plunged $ 115,000 after the Galaxy BTC previous move, but rebounded over $ 119,000 once the sales pressure has relaxed. At the time of the press, it was negotiated at $ 117,834, down 1.5% in the last 24 hours, according to Coingecko.
Share this article
