Bitcoin whale makes a record-breaking cryptocurrency transaction worth $ 720 million

One of the largest bitcoin whales, which owns more than 80,000 BTC, has made another transfer of a large batch of coins to Galaxy Digital. According to Arkham blockchain analysts, the latest transaction involved more than 6,000 BTC, which was equivalent to approximately USD 720 million at the time of the transfer.

The sender’s address is known in the market due to regular large coin movements — previous transfers have also been made to Galaxy Digital and other major players. Experts suggest that these transactions may be related to the company’s internal needs, such as liquidity, loan transactions, or high-volume trading.

It is worth noting that Galaxy Digital is one of the leading financial services in the digital asset sector, working with both institutional and private clients. The company is actively expanding its presence in the bitcoin market BTC $117,548.04 Bitcoin -1.60% Market capitalization $2.34 trillion VOL. 24 hours $2.56 billion and is constantly involved in major cryptocurrency transactions.

Increased activity of this magnitude by large coin holders often arouses increased interest in the community, as such transactions can affect market dynamics and price volatility. However, so far, analysts have not recorded any direct impact on the price of bitcoin after the last transfer.