14273 BTC suspected to be 'Fossil Hand Whale' were recharged in batches by Galaxy Digital to major exchanges in the past 12 hours

PANews, July 25th: According to on chain analyst @ ai_9684xtpa monitoring, 14273 BTC suspected to belong to "14 year old BTC holders" have been recharged in batches by Galaxy Digital into major exchanges in the past 12 hours (approximately $1.67 billion), of which 5690 BTC have been transferred in the past hour. Two sets of data show that there is a high probability that this time there was a real sell-off: Binance BTC spot trading sold over 10000 units within 4 hours; Galaxy Digital has withdrawn a portion of USDT from the exchange after recharging BTC. Today noon, Galaxy has proposed 200 million USDT from Binance and OKX, and subsequently distributed 140 million of them to 5 new addresses. It should be that some of them have been sold and sorted out. Currently, Galaxy Chain still holds 33763 BTC (approximately 3.9 billion US dollars). Subsequently, the analyst released an update stating that the seven new addresses receiving USDT should be Coinbase recharge addresses, and a total of 200 million USDT tokens have now been recharged into the hot wallet. It seems that the "Fossil Hand Whale" chose to deliver on Coinbase.