Bitcoin Whale Makes Waves with Massive Transfer to Galaxy Digital
2025-07-16 06:36:53
Main Idea
A Bitcoin whale, inactive since 2011, transferred 40,010 BTC to Galaxy Digital's OTC desk, sparking speculation about the identity and motives behind the transaction.
Key Points
1. A dormant Bitcoin whale from 2011 transferred 40,010 BTC to Galaxy Digital's OTC desk in multiple transactions during low-volume market times.
2. The transferred BTC, originally mined when Bitcoin was valued under $30, is now worth a significant amount due to Bitcoin's price surge.
3. Speculation suggests the whale could be a prominent figure like Satoshi Nakamoto, but the identity remains unconfirmed.
4. Transfers to Galaxy Digital are preferred for large transactions due to privacy and minimal price slippage via OTC desks.
5. The movement of such a large amount of BTC after a decade of inactivity has significantly impacted the crypto market conversation.
Description
A dormant Bitcoin whale transferred over 40,000 BTC to Galaxy Digital. The transaction marks one of the biggest moves in recent Bitcoin market history. Continue Reading: Bitcoin Whale Makes Waves with Massive Transfer to Galaxy Digital The post Bitcoin Whale Makes Waves with Massive Transfer to Galaxy Digital appeared first on COINTURK NEWS .
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