Galaxy Digital sends over 10,000 Bitcoin from Satoshi-era stash to exchanges

Bitcoin fell from over $119,000 to below $116,000 following a major transfer.

Key Takeaways

• Galaxy Digital transferred over 10,000 BTC, worth about $1.2 billion, to exchanges within 8 hours.
• The BTC originated from a Satoshi-era whale's address reactivated after 14 years of dormancy.

<?xml encoding="UTF-8">

Galaxy Digital moved more than 10,000 Bitcoin, valued at approximately $1.2 billion, to crypto exchanges over the last 8 hours, according to on-chain data tracked by Lookonchain.

Note that #GalaxyDigital has deposited over 10,000 $BTC($1.18B) to exchanges in the past 8 hours!

The 10,000+ $BTC comes from the Bitcoin OG holding 80,009 $BTC($9.68B).https://t.co/qaSj0NKwmD pic.twitter.com/09XEqB6VGg

— Lookonchain (@lookonchain) July 25, 2025

The transfer comes after Galaxy Digital received over 80,000 Bitcoin from a Satoshi-era whale who had not accessed the funds for 14 years.

The dormant Bitcoin addresses were reactivated earlier this month, initiating the movement of all coins during a period when Bitcoin reached new all-time highs above $122,000.

Bitcoin’s price declined from above $119,000 to below $116,000 late Thursday, CoinGecko data shows.

The digital asset is currently trading at around $115,800, representing a 2% decrease over the past 24 hours.

Disclaimer