One of the Biggest Bitcoin Whales in History Just Cashed Out $9 Billion
Galaxy said Friday that it conducted a $9 billion Bitcoin sale for a Satoshi-era whale. Here's what we know about the massive exit.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on DecryptRelated market context
Tokenized transactions surge to $5.3 billion but generate just $14M as costs soar by 56%
Securitize, a platform that issues and services tokenized securities, expanded the activity flowing through its system in the seco...
Israeli Bank Leumi to Debut Bitcoin Trading With Galaxy Digital
Bitcoin Magazine Israeli Bank Leumi to Debut Bitcoin Trading With Galaxy Digital Israel’s biggest bank, Bank Leumi, will become th...
Machi Big Brother sells 3 Bored Apes to cut his Ethereum long in 52%, but liquidation moved to just $22 away
Three Bored Ape sales at steep losses accompanied a month-long contraction in the leveraged Ethereum account that Lookonchain publ...
A Bitcoin treasury with $67 million in BTC has just $5,397 in cash and needs money immediately
Bitcoin treasury holder CIMG Inc. said in its Aug. 13 quarterly filing that it needs to raise capital immediately, even though it...
Strategy tells MSCI ‘Bitcoin doesn’t need you’ as $2.8 billion index risk hangs over MSTR
Strategy faces a renewed threat of removal from major MSCI equity indexes under a broader screening proposal that could trigger an...
Bitcoin’s $16.3 billion Wall Street stress test splits into four positional patterns
The $16.3 billion in Bitcoin ETF positions that CryptoSlate recently tracked ahead of the Q2 filing deadline resolved into four di...