CandleFocus Mike Novogratz's Galaxy Digital Sells $89 Million in Bitcoin, Community Stunned
2024-09-07
Author: Content Editor
Cryptocurrency investment fund Galaxy Digital, led by Bitcoin bull Mike Novogratz, has transferred a substantial amount of Bitcoin to Coinbase Prime exchange. The four transfers amounted to 1,652 BTC valued at $89.9 million. This news caused concern among the crypto community. In the past 24 hours, Bitcoin has seen a 5.65% decline, dropping to $53,400 due to a large stock market sell-off, but has since increased to $54,354. Bitcoin bull Samson Mow believes Bitcoin will eventually reach $1 million and suggests the best strategy is to "HODL and keep stacking."
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