Galaxy Digital appears to have sold a portion of its BTC holdings and transferred the proceeds to Coinbase.

BlockBeats News, July 15th, according to Arkham data, shortly after Galaxy Digital partially moved Ancient Whale BTC to a CEX, a cumulative 80 million USDT was transferred out from the corresponding CEX to Galaxy Digital. Subsequently, Galaxy Digital transferred this 80 million USDT to Coinbase via an intermediate address.

In earlier news, the Bitcoin Ancient Whale address today cumulatively transferred 18,343 BTC to Galaxy Digital, with 2,000 BTC flowing into Bybit and Binance.