Galaxy Digital, which deposited a large amount of Bitcoin (BTC) to several centralized exchanges earlier today, has transferred 3,715 BTC (approximately $428 million) to 12 newly created addresses wit...

Galaxy Digital, which deposited a large amount of Bitcoin (BTC) to several centralized exchanges earlier today, has transferred 3,715 BTC (approximately $428 million) to 12 newly created addresses within the past 20 minutes. According to on-chain analyst @ai_9684xtpa, the owners of these new addresses remain unknown, and no further activity has been detected. Galaxy still holds 18,504 BTC on-chain, valued at about $2.13 billion.

Galaxy Digital moves $428M in BTC to 12 new addresses

Binance's previously announced airdrop getting postponed

Binance Delays This Airdrop, Here's Why

Blockware BTC analyst Mitchell Askew states that Bitcoin will no longer experience "parabolic" price increases or "devastating" bear markets, as BTC Exchange Traded Funds (ETFs) have permanently reduced volatility and changed market dynamics.

"BTC/USD looks like two completely different assets before and after the ETF," the analyst wrote on Friday. The chart he shared shows that price volatility sharply declined after the launch of Bitcoin ETFs in the United States in January 2024. The analyst stated:
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Bitcoin volatility drops to historic lows: no more violent bull runs and desperate bear markets

There are roughly the same odds of ETH reaching $10,000 and failing to reach $4,000 this year