A Bitcoin whale holding over 80,000 BTC, dormant for 14 years, has transferred 9,000 BTC to institutional crypto firm Galaxy Digital. The unexpected movement from an inactive address has captured significant attention from blockchain analysts monitoring large-scale Bitcoin transactions.
Within 30 minutes of receiving the funds, Galaxy Digital deposited over 260 BTC to multiple centralized exchanges. This rapid transfer activity has sparked discussions regarding potential market implications and institutional trading strategies.