Anonymous Whale Moves 546.8 BTC to Galaxy Digital in OTC Trade

BitcoinWorld Anonymous Whale Moves 546.8 BTC to Galaxy Digital in OTC Trade An anonymous cryptocurrency whale has transferred 546.8 Bitcoin, worth approximately $34.7 million at current market prices, to Galaxy Digital, according to on-chain data monitored by Onchain Lens.

The transfer, which took place on February 12, 2025, is believed to be part of an over-the-counter (OTC) trade, a common method for large investors to buy or sell digital assets without impacting public exchange prices.

What the On-Chain Data Shows Blockchain analysis reveals that the whale’s wallet sent the BTC directly to a Galaxy Digital address.

While the exact nature of the transaction—whether it was a sale, purchase, or custody transfer—has not been officially confirmed, the destination address is associated with Galaxy Digital’s trading desk.