Galaxy Digital Delivers Major Bitcoin Push to Coinbase, Sending Shockwaves Through Crypto Markets

In a move that has sent ripples through the cryptocurrency market, Galaxy Digital just executed one of the largest institutional Bitcoin transactions of the year, depositing a massive $130 million worth of bitcoin to Coinbase Prime. The transaction’s size and timing raise critical questions about institutions’ strategies within the crypto space. Experts see this significant deposit as a sign of confidence in the stability and capabilities of Coinbase Prime, suggesting important trends for the future of cryptocurrency.