Galaxy Digital frequently conducts large transfers: Recently transferred 447 Bitcoins to the exchange

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【Blockchain Rhythm】Galaxy Digital makes another big move. On December 29th, on-chain data shows that this veteran digital asset management firm transferred approximately 447 Bitcoins to a major exchange and a compliant platform.

Speaking of this transfer, it’s quite substantial— the last time Galaxy Digital made such a large move was a month ago. In the past month, there have been consecutive large transfers to exchanges, and the frequency of such operations itself is worth noting. Whether it’s to adjust positions or for other reasons, it’s hard to say for now, but the actions of institutional investors always attract market attention.

BTC-0.23%
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GasFeeLovervip
· 6h ago
447 BTC dumped on the exchange, is this guy bottom fishing or running away?
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GateUser-3824aa38vip
· 10h ago
447 Bitcoins, huh? The frequency looks a bit intense. Is this a dump or some other operation?
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StablecoinArbitrageurvip
· 10h ago
actually if you run the numbers on galaxy's 30-day transfer frequency, the correlation with btc volatility patterns is... pretty wild. not saying they're front-running anything but the timing keeps hitting my radar
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Blockwatcher9000vip
· 10h ago
447 Bitcoins transferred into the exchange with frequent transactions within a month. This guy is either bearish on the market or trying to scoop the bottom. Anyway, there’s definitely a story behind it.
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MemeCoinSavantvip
· 10h ago
ok so galaxy digital dumping 447 btc in a month... either they're taking profits or something spicy is brewing. statistically speaking, this correlation between institutional outflows and market sentiment shifts is p < 0.05 significant, thesis remains intact tho ngl
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HorizonHuntervip
· 10h ago
Putting in 447 BTC, this pace feels a bit off... Could it be that they're about to liquidate everything?
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