Galaxy Digital just moved $9 billion in Bitcoin - here's what it means for you
Key Points
- A historic Bitcoin transaction saw an Satoshi-era holder cas...
Some Satoshi-era Bitcoin holder just decided to cash out 80,000 coins worth $9 billion through Galaxy Digital, making it one of the largest Bitcoin transactions ever recorded. That's roughly the GDP of a small country getting moved around like someone cleaning out their digital piggy bank.
When Whales Decide to Take Profits
The seller wasn't your typical crypto bro looking to buy a Lambo. This was an OG investor from Bitcoin's early days conducting what analysts politely call "estate planning" - which is financial speak for "I'm old, I'm rich, and I want to make sure my heirs don't have t...
While we have taken every measure to build an AI pipeline that generates credible and accuracte news, we still encourage you to conduct your own research before making investment decisions. InsAIght's content should not be considered professional financial or trading advice.