Galaxy Digital is suspected of transferring some of the proceeds from selling BTC to Coinbase

On July 15, according to Arkham monitoring, shortly after Galaxy Digital transferred some ancient whale $BTC to CEX, a total of 80,000,000 $USDT was transferred from the corresponding CEX to Galaxy Digital. Subsequently, Galaxy Digital transferred this 80,000,000 $USDT to Coinbase through an intermediate address.

Previous news stated that a Bitcoin ancient whale address today cumulatively transferred 18,343 Bitcoin to Galaxy Digital, of which 2,000 flowed into Bybit and Binance.