A Bitcoin whale from the “Satoshi era” just transferred nearly 40,200 BTC equivalent to about 4.83 billion USD to Galaxy Digital.
In 4 days, this veteran whale has sent a total of over 80,200 Bitcoin (approximately 9.6 billion USD) to the cryptocurrency asset management fund Galaxy Digital, marking a very rare asset transfer.
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Bitcoin whales from the Satoshi era transferred over 80,200 BTC in 4 days.
Approximately 40,200 BTC (equivalent to 4.83 billion USD) have just been sent to Galaxy Digital.
Who are the Bitcoin whales of the Satoshi era and why is this capital transfer significant?
These are whales holding large amounts of Bitcoin mined from the early days of the network, dating back to when Satoshi Nakamoto developed the first blockchain. Their transfer of significant Bitcoin to Galaxy Digital indicates signs of increased investment activity and professional fund management.
“The early Bitcoin whales transferring large amounts of assets into management funds indicate a strategic shift towards formally managed assets, increasing trust and liquidity for the entire market.”
Anthony Scaramucci, CEO of Galaxy Digital, 2024
Galaxy Digital is a large investment fund specializing in digital assets founded by Anthony Scaramucci, known for its professional and transparent management and optimization of cryptocurrency assets.
What is the total value and significance of the amount of Bitcoin transferred in recent days?
Over 80,200 Bitcoin in 4 days is equivalent to about 9.6 billion USD at the current exchange rate. This is a massive amount of Bitcoin that could impact liquidity and the overall cryptocurrency market trend.
“The cash flow from the first whales of the Satoshi generation shows that large investors are repositioning their assets, focusing on enhancing their interests in digital asset management institutions.”
Coin Metrics Report, July 2024
This move not only creates a value effect but also reflects the growing recognition of the role of professional investment institutions in the DeFi sector.
Why did Bitcoin whales choose Galaxy Digital as an asset destination?
Galaxy Digital is highly regarded for its reliability and ability to manage large-scale cryptocurrency capital, with many modern financial solutions suitable for optimizing the investment performance of billions of USD in assets.
According to CEO Anthony Scaramucci, Galaxy Digital aims to build a safe and transparent ecosystem, helping whales and institutions protect and grow their assets in the volatile cryptocurrency market.
What potential impacts could occur in the cryptocurrency market when a large amount of BTC is transferred to an investment fund?
When whales transfer large amounts of Bitcoin into a modern fund, it can create large cash flows for lending, staking, or diversified investing, contributing to increased liquidity as well as stability in value in the market.
At the same time, this action also reduces personal risk and creates a ripple effect of trust towards centralized investment funds, helping attract more professional investors.
Frequently Asked Questions
What are Bitcoin whales of the Satoshi era?
They are the group of people who own Bitcoin mined from the very early days of the Bitcoin blockchain network, representing the original and oldest supply of Bitcoin.
Why is transferring Bitcoin to Galaxy Digital important?
Galaxy Digital is a reputable cryptocurrency asset management fund, helping whales optimize investments and increase transparency, contributing to market liquidity improvement.
How does the amount of Bitcoin transferred affect the market?
The enormous amount of Bitcoin transferred could change liquidity, affecting prices and investment trends in the global cryptocurrency market.
What services does Galaxy Digital provide for Bitcoin whales?
The fund provides in-depth investment solutions, including asset management, staking, lending, and financial consulting for large investors.
Does transferring Bitcoin increase market transparency?
Yes, the process of transferring and managing assets through a reputable fund helps increase trust and transparency for the cryptocurrency market.
Source: https://tintucbitcoin.com/ca-voi-satoshi-chuyen-40-192-btc/
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