The whale's recent transfers totaling over 80,000 BTC highlight significant market movements and raise concerns about potential selling pressure amid Bitcoin's price fluctuations.
A Bitcoin whale has moved an additional 40,192 BTC, valued at approximately $4.77 billion, to Galaxy Digital, bringing the total transferred to 80,201 BTC worth around $9.6 billion in just four days. This activity has sparked speculation regarding the whale's motivations and potential impacts on market stability as Bitcoin reached new all-time highs of over $122,000.