A dormant Bitcoin entity holding assets for over 14 years has transferred approximately $1.67 billion worth of BTC to major cryptocurrency exchanges. The significant transactions were executed through Galaxy Digital, a leading institutional crypto asset management firm.
This movement represents one of the largest single-entity transfers observed in recent months, signaling heightened liquidity activity among major Bitcoin holders. Market analysts interpret such whale movements as potential preparatory steps for rebalancing, signaling shifts in large-scale investment strategies across crypto markets.