Galaxy Digital, one of the most important companies in the crypto industry, is suddenly worth 447 million dollars according to the latest on-Chain data, Bitcoin 
$117,959.83 transfer. This transfer is evaluated as a continuation of the large -scale Bitcoin transactions carried out by the company in recent days.
Interesting bitcoin transfers
The transfer was detected by the Blockchain monitoring platform Lookonchain. Galaxy Digital sent 3,782 Bitcoin to the stock markets. It is stated that the company has recently transferred a large amount of Bitcoin. This rapid mobility attracted the attention of investors and analysts.
According to the observation made through the platform, the fact that a significant portion of the transfer was directed to crypto currency exchanges led to evaluations that assets could potentially change hands. Such large transactions have increased the expectations of fluctuation in the market. Crypto investors’ application – the reason will surprise you!
Last Friday, Galaxy Digital, the crypto currency industry to date the largest process of the sale of a Bitcoin sale announced. This process took place within the framework of the portfolio plan of a customer with a 14 -year wallet history.
Galaxy has completed more than 80,000 Bitcoin’s sales for one of Satoshi investors, which have more than $ 9 billion according to existing market prices. This represents one of the highest volume exits for one of the oldest investors in the digital asset market. Sales were part of the investor’s general asset planning.
The completion of such a high -volume transaction in a short time attracted the attention of sector experts. While the identity of the investor was not announced, it was emphasized that the transaction was a planned exit. It was stated that the investment strategy was within the scope of portfolio diversity and long -term asset management.
On the other hand, the BTC, which has a value of over $ 2 billion sent by miners to the stock markets, is composed of an interesting picture when combined with all other developments. Perhaps a group of large investors are preparing for a significant decrease?
ETHS VS BTC
After the transfers, a short -term fluctuation was observed in the markets. Bitcoin’s price is about $ 117,498 at the time of the article. Ethereum 
$3,764.76 is traded around $ 3,769. In both beings, small -scale decreases experienced in the last 24 hours.
Mike Novogratz, CEO of Galaxy Digital, said in a current interview that Ethereum could pass Bitcoin in the near future. Novogratz said that the discovery of price in a scenario where Ethereum reached $ 4,000 will accelerate and this may support the increase in value.
If Ethereum approaches $ 4,000 again, a new price discovery period for asset may start and leave Bitcoin behind as performance.
Galaxy Digital’s recent large -scale transfers bring about liquidity and volatility discussions in the crypto currency market. Especially the output of one of the investors of the Satoshi era shows that former investors have experienced change in the strategies of asset management. Investors should closely monitor the effects of such large sales on the market. The fact that market prices are open to short -term fluctuations requires care to be careful in investment decisions. The public explanations and On-Chain data allow the market to be traced transparently.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
