Galaxy Digital Facilitates $9 Billion Bitcoin Transaction
According to reports from PANews, Galaxy Digital facilitated a $9 billion Bitcoin transaction this weekend, totaling over 80,000 coins. This is one of the largest nominal BTC transactions to date. Cryptocurrency analyst Scott Melker believes that the confidence of many early whale investors has been shaken, prompting them to sell at current market prices. This comment sparked a heated debate among influencers and traders in the cryptocurrency industry. Some pointed out that selling Bitcoin does not necessarily mean abandoning long-term holdings, as Adam Back continues to accumulate BTC. As Bitcoin is absorbed by traditional financial markets through ETFs, corporate funding, and custody solutions, the crypto community is concerned about Bitcoin drifting away from its cypherpunk roots.
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