Galaxy Digital Purchases 500 BTC Worth $31M, Fueling Institutional Interest

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TheNewsCrypto 15h ago

Galaxy Digital Purchases 500 BTC Worth $31M, Fueling Institutional Interest - TheNewsCrypto

Quick Summary:

On Monday, Mike Novogratz’s Galaxy Digital moved enormous quantities of Ethereum and Bitcoin, causing further commotion in the crypto market.

Speculation among investors was sparked when on-chain data revealed that the digital assets financial services business transferred more than 7,000 ETH and 500 BTC between cryptocurrency exchanges.

And sparks hope about the future possibilities of the flagship cryptocurrency.