1.67 Billion BTC Sell-off Night! Galaxy Digital Teams Up with 14-Year-Old Whale to Ignite a Century-Long Showdown in the Crypto Circle
#GalaxyDigital抛售比特币 On the morning of July 25, monitoring showed that 14,273 BTC, approximately $1.67 billion, were deposited in batches by Galaxy Digital into multiple exchanges such as Binance within 12 hours, with a single hour transfer of 5,690 BTC, setting a record for the largest single-day sell-off in 2025.
This batch of BTC is suspected to belong to an ancient whale that built its position in 2011, with a holding cost of only $0.78-$3.37, realizing profits of up to 980,000 times! On July 18, this whale transferred the last 40,000 BTC worth $4.83 billion to Galaxy Digital, with a cumulative transfer exceeding 80,000 BTC worth $9.6 billion. After the news broke, Bitcoin dropped sharply from a high of $123,000 to $117,600, with a 5% decline triggering over 170,000 liquidations within 24 hours, causing panic to spread.