A Bitcoin whale holding assets for over 14 years has transferred 16,843 BTC, valued at approximately $1.995 billion, to institutional firm Galaxy Digital.
The transaction represents one of the largest recent movements of dormant Bitcoin and marks significant institutional engagement within cryptocurrency markets. Galaxy Digital, a major digital asset management firm, received the assets directly from the long-term holder.
This transfer underscores evolving liquidity dynamics and deepening institutional participation in the cryptocurrency ecosystem. Such high-value movements highlight how established market players interact with substantial dormant holdings.