Galaxy Digital Shakes Market: 17,123 BTC Dumped on CEXs in 12 Hours – What’s Next?
Galaxy Digital just pulled off a jaw-dropping move—slamming 17,123 BTC onto multiple centralized exchanges in half a day. Markets flinched. Here’s why.
The Whale’s Playbook
No warning, no mercy. Galaxy’s mega-transfer sent traders scrambling as liquidity pools got a brutal stress test. Was this strategic profit-taking or a bearish signal? Either way, the bots noticed first.
CEXs in the Crosshairs
Binance, Coinbase, and Kraken absorbed the bulk—classic targets for institutional fireworks. Order books twitched under the weight, proving yet again that crypto’s ‘decentralized’ narrative still bows to centralized choke points.
Price Impact? Naturally.
BTC’s chart dipped faster than a hedge fund’s ethics. Galaxy’s timing? Impeccable as ever—just ask the retail bagholders left parsing the aftermath.
The Cynic’s Take
Another day, another proof that ‘digital gold’ trades like a meme stock when whales cough. Welcome to finance’s wildest casino—where the house always wins, even when it’s a ‘disruptor’.
疑似归属于「持仓 BTC 14 年化石手」的 14273 枚 $BTC 在过去 12 小时内由 Galaxy Digital 分批充值进了各大交易所（约 16.7 亿美元），其中过去 1 小时就转移了 5690 BTC
两组数据显示，这次大概率是真的在抛售了
1⃣ 币安 BTC 现货交易 4 小时内成交了超 1… https://t.co/k86v0qALp7 pic.twitter.com/02e5sHDrfo — Ai 姨 (@ai_9684xtpa) July 25, 2025
However, the latest data from Arkham notes that the Bitcoin sell-off is still underway. Another 2,850 BTC worth $330 million was deposited into major exchanges at the time of writing. This has totalled BTC transfers to 17,123 in the past 12 hours, the trader posted on X.
Bitcoin Sell-Off Worries Mount – What Can Investors Expect
Galaxy’s latest sell-off spree has weighed on the Bitcoin price. BTC suffered a sharp correction over the past 24 hours, falling by over 2% in the past 24 hours to $115,600 after being rejected at the $119,000 resistance level.
The largest cryptocurrency is now trading at $115,444 at press time, with a 4.21% drop since last week, according to CoinMarketCap data.
The price drop has rattled markets and raised fresh questions about whether BTC can maintain its upward momentum. Analysts believe this behavior indicates short-term bearish sentiment.
If Galaxy Digital or its affiliated wallet continues this pace, more downside could follow. Market watchers noted that a breakdown below $114,000 could trigger more downside pressure.
