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Update: Galaxy Digital has sold off all but 13,504 bitcoins from its address, with a total of nearly 34,000 bitcoins transferred out today.

By: theblockbeats.news|2025/07/25 11:42:08

BlockBeats News, July 25th, according to Arkham data, Galaxy Digital currently holds only 13,504 BTC on-chain, equivalent to about $1.57 billion. Today, Galaxy Digital has transferred out nearly 34,000 BTC, about $4 billion, with most of it being directly deposited into trading platforms and sold, and the selling pressure has been absorbed by the market. Today, Galaxy Digital has withdrawn over 1.3 billion USDT from trading platforms.

On July 18th, a whale holding 80,000 BTC since the Satoshi era transferred the remaining 40,192 BTC (about $4.83 billion) to Galaxy Digital.

US Stock, Cryptocurrency Stock Pre-Market Down, Galaxy Digital (GLXY) Down 3.1%

Crypto mining company Cango mined 147 BTC this week, bringing the total Bitcoin holdings to 4387.1 BTC.