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Crypto

Galaxy Digital and BitGo Transfer 1,540 BTC to New Bitcoin Wallets

Guavy AI Editorial Team
Instruments
BTC
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Four newly created Bitcoin wallets have received a combined 1,540 BTC from Galaxy Digital and BitGo over the past nine hours. The recipient addresses begin with the prefixes 'bc1qdt,' 'bc1q95,' 'bc1qpl,' and 'bc1qna.'

The transactions total approximately $99.4 million in value, based on current market prices of around $64,727 per BTC.

Market observers are characterizing the activity as whale accumulation, citing the size of the holdings and the use of newly created wallets.

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