Latest news with #GalaxyDigital
Yahoo
2 days ago
- Business
- Yahoo
Satoshi-Era Bitcoin Whale Moves Final $4.8B to Galaxy Digital, Likely Prepping Sale
The dormant bitcoin (BTC) address tied to one of the network's earliest whales has now moved its entire 80,000 BTC stash to trading desks, with the final 40,191 BTC (worth $4.8 billion) sent to Galaxy Digital on Friday — signaling a likely upcoming sale. Sending to exchanges or trading desks does not confirm a sale of crypto to stablecoins or other tokens, but large amounts of crypto are typically held in hard wallets instead of exchanges — which gives the market a reason to believe otherwise. Blockchain data from Arkham Intelligence indicates that the coins were transferred across 15 transactions to a Galaxy-labeled address starting at 5:41 p.m. ET Thursday, consolidating from four prior wallets into a single holding address prior to the transfer. The OG whale, who first acquired their bitcoin over 14 years ago, began reactivating on July 4, sending eight batches of 10,000 BTC to new addresses in their first movement since April 2011. On Tuesday, they moved 40,010 BTC to Galaxy Digital, which has since begun routing coins to Coinbase, Gemini, Bitstamp, and several unlabeled addresses, indicating potential offloading via OTC desks. The latest tranche brings Galaxy's wallet balance to 40,288 BTC, with no outbound activity recorded since the final whale transfer. The move comes as BTC trades just above $118,000 hovering near its recently set all-time in to access your portfolio
Wall Street Journal
2 days ago
- Business
- Wall Street Journal
Galaxy Digital Sees Demand Surge as U.S. Passes First Major Crypto Bill
Investors steered clear of the cryptocurrency industry for the past four years, according to executives at Galaxy Digital, dissuaded by what the executives said was an openly hostile administration that worked to stifle adoption, investment and innovation. But now, they said, tides are changing.
Yahoo
4 days ago
- Business
- Yahoo
Galaxy Schedules Webcast and Investor Call to Review Second Quarter 2025 Results on August 5, 2025
NEW YORK, July 15, 2025 /CNW/ - Galaxy Digital Inc. (NASDAQ: GLXY) (TSX: GLXY) ("Galaxy" or the "Company") is pleased to announce that it will report second quarter 2025 financial results before the opening of Nasdaq and the Toronto Stock Exchange on Tuesday August 5th, 2025. Michael Novogratz, CEO and Founder of Galaxy, and members of management will host a conference call to provide an update to investors and analysts on the Company's activities and results on the same day at 8:30 AM Eastern Time. A live webcast will be available at The conference call can also be accessed by investors and analysts in the United States or Canada by dialing 1-844-746-0741, or +1-412-317-5107(outside the U.S. and Canada) using the Conference ID: 2449863. A replay of the webcast will be available and can be accessed in the same manner as the live webcast on the Company's Investor Relations website. About Galaxy Galaxy Digital Inc. (NASDAQ/TSX: GLXY) is a global leader in digital assets and data center infrastructure, delivering solutions that accelerate progress in finance and artificial intelligence. Our digital assets platform offers institutional access to trading, advisory, asset management, staking, self-custody, and tokenization technology. In addition, we invest in and operate cutting-edge data center infrastructure to power AI and high-performance computing, meeting the growing demand for scalable energy and compute solutions in the U.S. The Company is headquartered in New York City, with offices across North America, Europe, the Middle East and Asia. Disclaimers The TSX has neither approved nor disapproved the contents of this press release. View original content to download multimedia: SOURCE Galaxy Digital Inc. View original content to download multimedia:
Yahoo
5 days ago
- Business
- Yahoo
Satoshi-Era Whale Sells 9K BTC for Over $1B as Bitcoin Dips Below $117K
A bitcoin (BTC) whale holding more than 80,000 BTC sold a chunk their hoard following bitcoin's ascent to an all-time high around $123,000 on Monday. The user, who mined the cryptocurrency during the earliest days of the industry — a period known as the Satoshi era after the pseudonymous bitcoin creator — sold 9,000 BTC ($1 billion) via Galaxy Digital, Lookonchain posted on X. Users with particularly large amounts of BTC, known as whales, have the ability to move the market when they buy or sell bitcoin because of the substantial number of tokens involved. Satoshi-era bitcoin whales are closely monitored by traders for market signals, particularly when the BTC in their wallets has not moved for a number of years. The Satoshi era refers to a loose period of between 2009 and 2011 when bitcoin's pseudonymous creator, Satoshi Nakamoto, was active in the community and BTC was generally priced in cents. The world's largest cryptocurrency fell from Monday's high, dropping below $117,000. Such a slide is quite common following a surge as many users sell coins to bank some profits. Bitcoin was recently priced just above $117,000, around 4.55% lower than its peak.
Yahoo
5 days ago
- Business
- Yahoo
Satoshi-Era Whale Sells 9K BTC for Over $1B as Bitcoin Dips Below $117K
A bitcoin (BTC) whale holding more than 80,000 BTC sold a chunk their hoard following bitcoin's ascent to an all-time high around $123,000 on Monday. The user, who mined the cryptocurrency during the earliest days of the industry — a period known as the Satoshi era after the pseudonymous bitcoin creator — sold 9,000 BTC ($1 billion) via Galaxy Digital, Lookonchain posted on X. Users with particularly large amounts of BTC, known as whales, have the ability to move the market when they buy or sell bitcoin because of the substantial number of tokens involved. Satoshi-era bitcoin whales are closely monitored by traders for market signals, particularly when the BTC in their wallets has not moved for a number of years. The Satoshi era refers to a loose period of between 2009 and 2011 when bitcoin's pseudonymous creator, Satoshi Nakamoto, was active in the community and BTC was generally priced in cents. The world's largest cryptocurrency fell from Monday's high, dropping below $117,000. Such a slide is quite common following a surge as many users sell coins to bank some profits. Bitcoin was recently priced just above $117,000, around 4.55% lower than its peak. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
