Galaxy Digital Moves 14,273 BTC from “Fossil Hand Whale” to Major Exchanges in 12 Hours

In the last 12 hours, Galaxy Digital has transferred approximately 14,273 BTC, believed to be held by the so-called “Fossil Hand Whale”, to prominent cryptocurrency exchanges. These sizable movements, executed in multiple batches, highlight a significant redistribution of assets within the market. Such activity often signals strategic portfolio adjustments or liquidity management by large holders. Market analysts emphasize the importance of monitoring these transfers, as they can influence Bitcoin’s price dynamics and trading volumes across major platforms. Galaxy Digital’s role as a key intermediary in these transactions underscores its growing influence in institutional crypto asset management. Investors and traders should consider these developments within the broader context of market liquidity and institutional behavior to better understand potential shifts in market sentiment.