Bitcoin Net Realized Profit Drops To $1.4B As Market Absorbs Galaxy’s 80K BTC Distribution

Description

Bitcoin experienced a wave of volatility following the news that Galaxy Digital executed one of the largest notional Bitcoin sales in history—an 80,000 BTC transaction on behalf of a long-term client. The announcement, made in a press release on July 25, confirmed that the sale was successfully completed and immediately sent shockwaves through the market. The scale of the transaction drew widespread attention, sparking intense speculation across the crypto space. While Galaxy Digital emphasized ...