Volatility in the cryptocurrency markets, which began in the last week of July 2025, Galaxy Digitale is directly related to the high volume of Bitcoin transfers carried out by. The company's posting of $1.2 billion worth of BTC to different crypto exchanges has caused a severe pullback in the price of leading cryptocurrency Bitcoin.

Why is Galaxy Digital Transfer Important?

Galaxy Digital is an American company that provides enterprise crypto finance services and performs large-scale digital asset management. The fact that this institution transfers the BTC in its hands directly to the exchanges, high volume sales risk They create and create in the markets.

The latest transactions began with the transfer of assets in a wallet that had been dormant for 14 years. This wallet, valued at close to 80,000 BTC, was transferred to Galaxy Digital for the first time, and then a significant part of it directly Binance, OKX, Coinbase and Bitstamp redirected to centralized exchanges such as.

Possible Reasons Behind the Transfer

• Portfolio Management: Galaxy Digital may want to restructure its asset allocation.
• OTC and Block Sales: Large-scale sales through exchanges can be integrated with over-the-counter transactions.
• Corporate Position Closures: Risk mitigation may be intended in the face of macroeconomic uncertainties.
• Conversion to Liquidity: It may be planned to cash out BTC for new projects or requests for funds.

Market Effects: What Does the Technical Outlook Say?

Bitcoin price reached three weeks ago 123,000 USD quickly from the top 115,000 USD regressed to its level. The intense selling pressure that followed the transfer broke Bitcoin's short-term uptrend.

Technical analysis indicators, especially if it falls below the $112,000 level 110,000 USD suggests that panic selling on the threshold can be triggered. This threshold is critical, both psychologically and structurally.

Is the $100,000 Level at Risk?

In the crypto market, “round numbers” function as psychological boundaries. $100,000 is not only symbolic, but also a stop-loss level for many institutional investors. In the event that Galaxy Digital continues its sales, testing this level becomes a serious scenario.

specifically Spot Bitcoin ETF managers and how large institutional funds react to this decline will determine the direction in the market. if ETF outflows if it continues, the downward momentum may accelerate. But strategic purchases from this level can stabilize the price again.

Liquidity and On-Chain Data

On-chain data provided by blockchain analytics firms, these transfers not manipulative, but it shows that its impact on the market is greater than expected. Many investors took a sell position with the perception of the “exit of the big whale”, which led to a chain decline.

According to Glassnode data, 2% of long-term investors holding BTC in the last 72 hours have transferred their assets to exchanges. This rate went on record as the highest rate since March 2024.

What does the corporate side do?

The biggest risk right now is that companies like Galaxy Digital are making these transactions an example to other institutions. If other major players similarly turn to selling, the market may lose balance.

But on the other hand, some institutional investors may consider this decline as a “buying opportunity.” The moves of ETF managers such as BlackRock, Fidelity and Ark are critical in this respect.

Technical Levels:

• 115,000 USD: Current support level
• 112,000 USD: Support that turns from previous resistance
• 110,000 USD: Panic threshold
• 100.000 USD: Critical psychological support and trend-setting zone

Long-term Outlook: Is There a Disruption?

Fundamental indicators show that more than 70% of Bitcoin supply continues to be held in long-term wallets. This suggests that the current decline may be short-term and speculative. But whether the decline continues will depend on Galaxy Digital's next moves and the behavior of corporate demand.

Strategic patience, position updates at the right levels and keeping up with the news flow are vital for investors during this period.