BTC Plunge?! đŸ˜± Billion$ Moved!

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Right. So, Bitcoin appears to be having a bit of a wobble. A wobble of the sort that involves a rather substantial downward trajectory. We’re talking somewhere around $115,500–$116,000, which, if you’re keeping score (and frankly, who isn’t?), is down a good 2–3%. The rest of the crypto market? Well, they’re not exactly throwing a party either. More of a
 subdued gathering where everyone quietly mourns their investments. Total market capitalization took a rather dramatic nosedive – nearly 5–7% in the last 24 hours. Seems someone remembered they had bills to pay. đŸ€·

BTC Selloff Triggered?

BITCOIN is approaching $115K, a level not seen in the past 2 weeks.

Galaxy Digital has reportedly offloaded over $2B worth of Bitcoin to centralized exchanges in just the last 8 hours.

This is not a dip
 it is a test of conviction.

Will bulls take


— Wise Advice (@wiseadvicesumit) July 25, 2025

This, as it turns out, is largely down to Galaxy Digital, a firm that deals in things called “crypto investments” (a concept that still baffles our accountants). They’ve been shifting billions around like spare change, specifically to various exchanges, over the last nine hours. Nine hours! You’d think they’d have more important things to do, frankly. đŸ€”

Why the Sudden Pessimism?

Apparently, Spot On Chain (who knew there was a ‘Spot On Chain’?) noticed Galaxy Digital doing some serious Bitcoin reshuffling – 11,910 BTC (that’s $1.39 billion, for those of us who still use real money) deposited into exchanges in just nine hours. Which originated from a “Bitcoin OG” wallet – yes, they have nicknames now – who offloaded a whopping $9.5 billion between July 15 and 18. And before you ask, yes, this all happened while Bitcoin was
 well, let’s just say “experiencing a slight correction” (a ~2% dip, if you want specifics). It’s as if someone is hinting at a large-scale exit. Rather unsubtly, one might add.

Now, Galaxy Digital insists this doesn’t automatically mean they’re selling. (They *would* say that, wouldn’t they?) But the scale and timing are
 concerning. Especially given Bitcoin’s current precarious position just above $115K, its lowest point in weeks. It’s the sort of thing that makes you want to invest in something sensible, like, say, a nice collection of porcelain thimbles.

Panic Stations in the Futures Market?

As if on cue, the futures market saw over $700 million in “long position liquidations.” Which, translated from finance-speak, means traders got a fright and started selling. A “long squeeze,” they call it. It’s a vicious cycle, really. Fear breeds selling, selling causes prices to fall, falling prices induce more fear. Rinse and repeat. 🔄

Analysts are, naturally, watching exchange flows with the intensity of a hawk watching a particularly interesting mouse. The prevailing fear? That these transfers will lead to *more* selling, and therefore even more volatility. A delightful prospect, wouldn’t you agree?

Don’t Panic (Yet)!

Despite the momentary existential crisis, long-term sentiment hasn’t completely evaporated. Institutional investors are still vaguely interested, and Bitcoin ETFs are still sucking in money. So, there’s that. While short-term fear is certainly bubbling, most analysts believe this isn’t a sign of impending doom. Probably.

A crypto analyst known as ‘T’ (presumably not the letter itself) suggests that institutions are merely taking profits. Routine portfolio rebalancing, they call it. It’s like when you sell a slightly chipped teacup at a car boot sale – perfectly normal behaviour. He also points out that Bitcoin is still up 500% since those ETFs showed up, and Galaxy Digital’s moves are probably just
 well, moves. He compared it to MicroStrategy’s early BTC sales, which, apparently, didn’t stop Bitcoin’s long-term ascent. Which is reassuring. Sort of. 😅

Stay Informed (If You Dare)!

Keep up-to-date with breaking news, expert opinions (take them with a grain of salt), and real-time updates on the wonderfully bizarre world of Bitcoin, altcoins, DeFi, NFTs, and all the other things you’re probably starting to regret learning about.

FAQs

Why is Bitcoin experiencing this sudden bout of melancholy?

Galaxy Digital moved $1.39B in BTC to exchanges, prompting widespread panic about a potential sell-off.

Is Galaxy Digital actually selling?

Not confirmed, but the size and timing of the transfers are
 suggestive. Very suggestive.

Is the long-term outlook still positive?

Yes, despite the temporary wobble, institutional interest and ETF inflows suggest a reasonable degree of confidence.

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2025-07-25 12:09