Galaxy Digital Wallet Outflows Spark Fears of Bitcoin Sell Pressure

Bitcoin BTC BTC - $111094.844 turned green again in early September after closing August with a more than 13% drop. However, recent movements suggest large wallets linked to Galaxy Digital may create selling pressure that could hinder the recovery.

Source: beincrypto.com

Related symbols: GLXYUSD

2025-09-04 08:54:01 GMT.

Link to source Join our Telegram channel

Price & Market Data

Price: $111094.844

Volume 24h: $24,378,555,980.58

Market Cap: $2,212,734,674,347.24

Description

Bitcoin (BTC) is a cryptocurrency launched in 2010. Users are able to generate BTC through the process of mining. Bitcoin has a current supply of 19,917,528. The last known price of Bitcoin is 110,944.7666778 USD and is up 0.62 over the last 24 hours. It is currently trading on 12334 active market(s) with $24,435,446,536.49 traded over the last 24 hours. More information can be found at https://bitcoin.org/.