Galaxy Digital has transferred more than 10,000 Bitcoin—worth an estimated $1.2 billion—to cryptocurrency exchanges within an eight-hour window, according to blockchain analytics firm Lookonchain. This significant movement of funds comes shortly after the company received over 80,000 Bitcoin from a long-dormant wallet linked to a Satoshi-era whale. The original wallet had not been accessed for 14 years, adding intrigue and speculation within the crypto community. The reactivation of these early-era Bitcoin wallets occurred earlier this month. The event took place during a period of heightened market activity, coinciding with Bitcoin reaching new all-time highs of over $122,000. Bitcoin Price Drops … Continue reading Whale Transfers Over $1.2 Billion to Exchanges, Pushing Crypto Prices Down