According to on-chain monitoring shared by blockchain analysts, leading crypto services company Galaxy Digital transferred 900 BTC to a wallet created just before the move on December 9, 2025.
The value of the coins at the time of the transfer was close to $81.6 million, meaning the average price per Bitcoin was close to $90,656.
Large-scale Bitcoin transfer recorded
It attracted attention because the receiving address has no past history, according to on-chain trackers, and transfers of this size tend to leave a clear trail and invite scrutiny.
The first notification came from a blockchain sleuth who flagged the transaction and published the receiving address. There has been no official statement from Galaxy Digital explaining this move.
What does this movement mean?
Large-scale transfers by companies like Galaxy Digital often involve changes in custody, customer orders, and deals arranged off-exchange, according to reports. However, simply moving to a new address does not prove that a sale has taken place.
Newly created wallet received 900 $BTC($81.59 million) From Galaxy Digital 2 hours ago. https://t.co/Ahrqpn4Hip pic.twitter.com/EIWmMXyWJZ
— Lookonchain (@lookonchain) December 9, 2025
Coins may be stored in cold storage, moved between internal wallets, or prepared for over-the-counter trading. Public data only shows on-chain flows. The motive behind it remains unconfirmed.
Galaxy Digital background
Galaxy Digital has handled some very large deals this year, and that track record adds context to the latest move.
In early 2025, the company facilitated a particularly large transfer involving early Bitcoin holders that had been dormant for many years, in a series of transactions amounting to tens of thousands of BTC and attracting widespread market attention.
These previous actions indicated that Galaxy was acting as a key intermediary when large holders decided to move or sell their coins.
Market reaction and risks
Traders closely monitored price movements after the transfer was notified, but the mere movement of BTC between wallets does not always cause market fluctuations.
If a coin is circulated on an exchange or sold to the public, it is likely to have an impact on the price. If they remain in storage or are split into smaller distributions, the impact on the market could be weakened.
So far, there is no public evidence that the transfer resulted in an immediate sale or that the funds were liquidated.
What to watch next
Observers look for follow-up on-chain flows, for example, whether a new address transfers coins or whether linked wallets show signs of exchange deposits.
Analysts will also focus on public comments from Galaxy Digital and disclosures related to customer orders.
Until then, the facts are limited to the Bitcoin transaction record itself and the valuation snapshot reported when the movement was first discovered.
Featured image from Unsplash, chart from TradingView
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