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Galaxy Digital Moves 80 Million USDT from CEX to Coinbase Following Massive Bitcoin Whale Transfers

2025-07-15 04:32:41

Main Idea

Galaxy Digital transferred 80 million USDT from a centralized exchange to Coinbase, following a significant movement of Bitcoin to Galaxy Digital, indicating strategic liquidity management.

Key Points

1. Arkham monitoring data revealed Galaxy Digital moved 80 million USDT from a centralized exchange (CEX) back to its own holdings.

2. The 80 million USDT was then transferred to Coinbase via an intermediary wallet.

3. Earlier on the same day, whale Bitcoin addresses transferred 18,343 BTC to Galaxy Digital, with portions of 2,000 BTC sent to other entities.

Description

On July 15, Arkham monitoring data revealed significant movements involving Galaxy Digital and major cryptocurrency exchanges. Following the transfer of legacy whale Bitcoin (BTC) to Galaxy Digital, a total of

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