Galaxy Digital transfers 900 Bitcoin to newly created wallet
Key Takeaways
- Galaxy Digital transferred 900 Bitcoin, worth about $82 million, to a newly created wallet.
- The transaction is part of a pattern of significant Bitcoin movements among major players.
Galaxy Digital, a digital asset management firm, transferred 900 Bitcoin to a newly created wallet today, according to data tracked by Lookonchain. The transaction highlights continued large-scale Bitcoin movements by major players in the crypto market.
Galaxy Digital operates as a cryptocurrency-focused firm providing trading, investment, and blockchain technology advisory services to institutional clients. Earlier this year, the firm executed a historic 80,000 Bitcoin sale for a Satoshi-era crypto whale.
Bitcoin was trading at $90,271 at the time of reporting, with high volatility as investors brace for the upcoming FOMC meeting.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
dYdX Considers BONK Partnership in Bid to Tap Solana’s Retail Trading Power
The Influence of Academic Institutions on Developing STEM Professionals and How This Affects Technology Stock Values
- Global STEM education investments hit $9B in 2025, driving $132B market by 2030 with 13.7% CAGR as governments and private sectors prioritize tech workforce development. - EdTech firms like Coursera see 60x EBITDA multiples, outperforming traditional sectors as STEM graduates correlate directly with GDP growth per OECD 2025 study. - Tech giants (LEGO, Makeblock) partner with schools for AI/robotics kits, creating innovation pipelines while addressing 411,500 unfilled STEM teaching positions and 26% gende
Timeless Investment Principles: How Insights from 1927 Continue to Influence Today’s Crypto and Stablecoin Approaches
- McNeel and Buffett's 1920s investment principles combat modern crypto volatility through emotional discipline and intrinsic value focus. - The 2025 Binance crash exposed market fragility, with panic selling and FOMO-driven rebounds amplifying $19B in 24-hour liquidations. - Risk management tools like stop-loss orders and diversified portfolios reduced losses by 37%, underscoring enduring relevance of timeless strategies. - Stablecoin vulnerabilities highlighted by USDC's 2023 depegging and 2025 liquidity
Zcash Halving and Its Impact on Cryptocurrency Market Trends
- Zcash's 2028 halving will cut block rewards to 0.78125 ZEC, continuing its deflationary supply model to reduce annual inflation to 2%. - Historical data shows halvings trigger extreme volatility, with ZEC surging 1,172% in 2025 but collapsing 96% within 16 days. - Institutional adoption grows via $137M Grayscale Zcash Trust, yet EU's MiCA regulations challenge privacy coins' compliance with transparency rules. - Future success depends on balancing privacy features with regulatory adaptability as Zcash's
Trending news
MoreCrypto prices
More
