Galaxy Digital Moves 2,500 Bitcoin in One Hour, Most Sent to Exchanges
Summary
- Galaxy Digital moved 2,500 BTC over the past hour.
- According to Lookonchain, most of the Bitcoin was transferred to exchanges.
- Deposits to exchanges are generally interpreted as a signal of possible selling.
Forecast Trend Report by Period
Galaxy Digital, a financial services firm focused on digital assets, moved 2,500 Bitcoin worth about $160 million over the past hour.
Lookonchain said on July 10 that most of the Bitcoin was transferred to exchanges. Deposits to exchanges are generally interpreted as a sign that selling may follow.
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