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Galaxy Digital Unloads $87M in BTC Amid Whale Accumulation Surge

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Galaxy Digital made a significant move in the Bitcoin market on August 8, 2026, transferring 1,346 BTC to a newly created wallet.

The transaction, valued at approximately $87.28 million, highlights the growing trend of whale accumulation in Bitcoin, according to commentator @lookonchain.

This development is part of a broader increase in whale activity on-chain, with institutional players positioning themselves for potential price movements.

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