“Galaxy Digital sold 30,000 BTC worth $ 3.5 billion, according to Lookonchain analytics. Update: #galaxydigital have transferred nearly $ 30,000 BTC ($ 3.5b) Out Today, MOST OF WHICH Went Directly to Exchange and Were Sold. THEN #Galaxydigital withdrew 1.15b $ USDT from Exchanges. #GalaxyDigital Still Holds 18.504 $ BTC ($ 2.14b) .https: //t.co/bvtnwp2ixi – oeokd. July 25, 2025 in the morning of July 25 Galaxy translated […]”, – WRITE: Businessua.com.ua
Galaxy Digital sold 30,000 BTC worth $ 3.5 billion, according to Lookonchain analytics.
UPDATE: #Galaxydigital has transferred nearly $ 30,000 BTC ($ 3.5b) Out Today, MOST of WHICH WENT DIRECTLY TO Exchanges and Were Sold.
THEN #Galaxydigital withdrew 1.15b $ USDT from Exchanges. #Galaxydigital Still Holds 18.504 $ BTC ($ 2.14b) .https: //t.co/bvtnwp2ixi
– Lookonchain (@lookonchain) July 25, 2025
In the morning of July 25, Galaxy transferred over 10,000 BTC (~ $ 1.1 billion) on the exchange. Some of these assets came from the “old” Bitcoin-Kita, which intensified after 14 years of inaction. From July 15 to July 17, he transferred more than 80,000 BTC to Galaxy Digital, and analysts suggested that sales would take place through the company’s OTC services.
Note that #Galaxydigital have deposited over 10,000 $ btc ($ 1.18b) to exchanges in the past 8 hours!
The 10,000+ $ BTC Comes from The Bitcoin OG Holding 80.009 $ BTC ($ 9.68b) .https: //t.co/qasj0nkwmd pic.twitter.com/09xeqb6vgg
– Lookonchain (@lookonchain) July 25, 2025
Subsequently, Lookonchain confirmed: Galaxy Digital implemented all BTC derived from the whale. The company withdrew $ 370 million from USDT, and subsequently – $ 1.15 billion in the Galaxy portfolio remained 18 504 BTC (~ $ 2.14 billion).
In parallel, Novograz stated in an interview with CNBC, which will expect advanced growth of Ethereum in the coming months. In his view, the institutional demand for ETH is able to lead to a shortage of asset supply.
“We will inevitably approach $ 4000 and possibly more than once,” he said.
As for Bitcoin, Novograz called the $ 150,000 mark “quite achievable purpose.”
Market reaction Against the backdrop of the news, the price has fallen to ~ $ 115,000. At the time of writing the course is $ 116 742.
BTC/USD (1h), Binance. Source: TradingView.
The Daan Crypto Trades Analyst has warned that if the current level does not hold on, BTC can fall up to $ 113,500.
$ BTC Testing ITS Range Low and Swept the Local Liquidity.
MOST OF THIS SELL OFF IS Coming from Galaxy Digital Which Has Sent $ 2b+ of Bitcoin to Exchanges to Sell. This is still part of that 80k btc whale. The Bitcoin Price Has Stalled Ever Since Those Coins Started Moving.
A… https://t.co/8mm04ls4jc4 pic.twitter.com/frw4dtbwl2
– Daan Crypto Trades (@daancrypto) July 25, 2025
“We are still in the range, but further pressure from the sellers will complicate the situation,” he wrote.
Another cryptoder, James Winn, predicted a decrease in up to $ 113,000.
$ BTC is going to $ 113,000
$ Ethh is going to $ 3,000ALTS WILL CRASH HARD.
Prepare for Impact… pic.twitter.com/hp7ayrp9nd
– James Wynn 🤴 (@jameswynnreal) July 25, 2025
At the same time, Ether Wizz Trader believes that the fall of bitcoin can stimulate altseeson:
Galaxy Digital Has Been Dumping $ BTC non-STOP 📉
Just today, they have dumped 12.85k btc worth $ 1.5 Billion on Exchanges.
This have caused BTC to Dump Below $ 115k and Now’s Trying to Stabilize.
But There’s One Good Thing.
Last Time, Galaxy Digital Dumped BTC, ALTS Rally… pic.twitter.com/pbaptsi7lg
– Ether Wizz (@etherwizz_) July 25, 2025
“There is also a positive: last time Galaxy sold BTC, altcoins went growth.”
We will remind, on July 23 the cryptoin investor concluded an optional bid on the fall of BTC below $ 110,000 in early August.
The gun
Please wait …