Key takeaways
- Galaxy Digital transferred 900 Bitcoins, worth approximately $82 million, to a newly created wallet.
- The transaction is part of a pattern of significant Bitcoin movements among major players.
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Galaxy Digital, a digital asset management company, transferred 900 Bitcoins to a newly created wallet today, according to data tracked by Lookonchain. The transaction highlights the continued large-scale movements of Bitcoin by major crypto market players.
Galaxy Digital operates as a cryptocurrency-focused company providing trading, investment and blockchain technology advisory services to institutional clients. Earlier this year, the company made a historic sale of 80,000 Bitcoins for a Satoshi-era crypto whale.
Bitcoin was trading at $90,271 at the time of reporting, with high volatility as investors prepare for the upcoming FOMC meeting.
