Dormant BitMEX whale moves 2,000 BTC worth $172M to Galaxy Digital
- —2,000 BTC worth about $172 million moved in a single transaction
- —Recipient is Galaxy Digital, a digital asset financial services firm
- —Transfer flagged by on-chain researcher Emmett Gallic
- —Address is linked to wallets considered dormant BitMEX holdings
Why it matters: A large BTC move from a historically significant exchange-linked address can signal a pending sale or custody shift, swaying market sentiment.
Source: TokenPost