The shoe not only landed but also slam-dunked on the head 👢 Suspected to belong to the "14-year BTC fossil holder", 14,273 $BTC were batch-deposited into major exchanges by Galaxy Digital over the past 12 hours (approximately $1.67 billion), with 5,690 BTC transferred in just the past 1 hour Two sets of data suggest this is most likely a real sell-off 1️⃣ Binance BTC spot trading saw over 10,000 BTC traded within 4 hours 2️⃣ After depositing BTC, Galaxy Digital has withdrawn some USDT from exchanges Wallet address <intel.arkm.com/explorer/entity...…>

Update: In the past 13 minutes, Galaxy has withdrawn 200 million USDT from #Binance and #OKX, and then distributed 140 million of them to 5 new addresses It should be sold and sorted out, what about the promised OTC🥹 Currently, Galaxy still holds 33,763 BTC (about 3.9 billion US dollars) on the chain

3/ Update: In the past 10 minutes, 2,850 BTC worth $330 million were deposited into major exchanges The cumulative number of BTC transferred to exchanges in the past 12 hours has increased to 17,123

4/ Update: Selling continues, Galaxy transferred another 5,153 BTC in the past 50 minutes, with a total value of $596 million Among them, 3,313 BTC (worth $383 million) were clearly deposited into exchanges, and USDT continues to be withdrawn from exchanges; the remaining BTC was transferred to new addresses, with ownership still unclear Currently, Galaxy Digital still holds 26,238 BTC on-chain

5/ Update: BTC price is approaching $115,000🥹 In the past half hour, Galaxy has withdrawn 456 million USDT from #Binance #Bybit #OKX and is transferring them to Coinbase in batches. It seems that it has been smashing As of now, there are only 18,504 BTC left on the Galaxy Digital chain, worth $2.13 billion

6/ Update: Galaxy Digital distributed 3,715 BTC worth $428 million to 12 new addresses in the past 15 minutes. The current address ownership is unknown and the receiving address has no further action🤔 Galaxy still holds 18,504 $BTC on the chain, about $2.13 billion Portal 👉 intel.arkm.com/explorer/entity...…

7/ Update: 1,130 of the 3,715 $BTC transferred to 12 new addresses an hour ago have been deposited into #Binance and Wintermute hot wallets (about $131 million), and the remaining BTC has been transferred to four wallet addresses The holding addresses are as follows, with a total of 5,005 BTC intel.arkm.com/explorer/addres...… intel.arkm.com/explorer/addres...… intel.arkm.com/explorer/addres...… intel.arkm.com/explorer/addres...…

8/ Update: It's over. Congratulations to everyone for using their positions to witness "one of the largest nominal Bitcoin transactions in history" 🙌 There is one more billionaire in the world, and one less BTC HODLer. I wonder if his descendants will tell the story of "we also had 80,000 BTC" many years later Announcement portal: prnewswire.com/news-releases/g...…