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Satoshi-Era Bitcoin Whale Moves Final $4.8B to Galaxy Digital, Likely ...
8 Articles
8 Articles
Top Crypto Whales Resurface: Massive BTC and ETH Transfers Spark Bull vs. Bear Debate
This week, crypto whales made a bunch of big transactions that got everyone’s attention. Citing a notable one, a long-dormant Satoshi-era Bitcoin whale moved 16,843 BTC ($1.99 billion) to Galaxy Digital just recently. Analysts say these kinds of moves can be profit-taking or re-allocating. Shortly after these moves, Bitcoin’s price dropped more than 5%. Meanwhile, crypto whales were also accumulating, as on-chain data shows Ethereum whales’ net …
The bad news for Bitcoin: far fewer coins are lost than assumed – Grey Enlightenment
Yesterday, a Bitcoin whale offloaded $8 billion of Bitcoin to Galaxy Digital. This has significant implications, all negative, even though the ‘crypto media’ is trying to spin it as a positive. How is increasing the supply ever a positive? Why else are stock buybacks bullish? Because they reduce the supply. Conversely, stock offerings are a negative because they increase this supply. This is not even econ 101. It’s common sense. Estimates are th…
Satoshi-Era Bitcoin Whale Shifts Last Of Stack To Galaxy Digital
The post Satoshi-Era Bitcoin Whale Shifts Last Of Stack To Galaxy Digital appeared on BitcoinEthereumNews.com. A Satoshi-era Bitcoin whale with 80,201 Bitcoin has shifted the other 40,192 Bitcoin, worth $4.77 billion, to Galaxy Digital, joining a 40,009 BTC transfer to the asset manager on Tuesday. Blockchain onchain data service Onchain Lens was among the first to notice the new transfer. This means the whale has shifted 80,201 to Galaxy Digit…
Whale Moves Billions To Galaxy Digital - The Cryptocurrency Post
TL;DR A Bitcoin whale from the Satoshi era has now transferred its full 80,201 BTC stack, worth nearly $9.6 billion, to Galaxy Digital in two massive moves. Blockchain data shows part of this was sent to Binance and Bybit, fueling theories of profit-taking or strategic diversification. With Bitcoin’s price at $118,743.48, up 0.92% in 24 hours and a total market cap of $2.36 trillion, the move sparks fresh optimism for long-term holders and the …
A dormant Bitcoin address since 2011 has transferred 80,000 BTC (almost $10 billion) in 15 transactions to a single address linked to Galaxy Digital, a major institutional player. Galaxy now holds tens of thousands of BTC, with no outward movement visible for the moment. This awakening of a "whate" from the Satoshi era, at the time the BTC tutoi the $120,000, worries the markets, who fear a massive sale that could weigh heavily on the price. It …
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