Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
fillippone
on 25/07/2025, 15:26:53 UTC
⭐ Merited by d_eddie (1)
Ahh missed that 115k dip

Still stacking the mining coins

any guess as to why we dropped to 115k last night

Galaxy Digital sent 70k BTC to exchanges (Binance, OKX,..) and probably sold it.

But why did they sell in the first place?
They paper handed it? Or there was any other meaning? Maybe they bought a gigantic call positions and were only delta hedging that