Bitcoin Whale Moves Massive 35,370 BTC to Galaxy Digital After 14 Years of Silence

On July 15, Arkham Intelligence reported a significant transaction involving a crypto whale holding 80,000 BTC, dormant for over 14 years. Within a recent 30-minute window, this entity moved 5,360 BTC to Galaxy Digital, a prominent player in the digital asset management sector. Cumulatively, the whale has transferred 35,370 BTC to Galaxy Digital throughout the day, signaling notable activity in large-scale Bitcoin movements. This development underscores the ongoing dynamics in institutional Bitcoin custody and highlights the importance of monitoring whale transactions for market insights. Such substantial transfers to Galaxy Digital may reflect strategic portfolio adjustments or liquidity management by major holders, emphasizing the critical role of on-chain data in understanding market behavior.