Wu Shuo learned that on-chain researcher Emmett Gallic posted a monitoring update indicating that an ancient BitMEX “whale” address will transfer 2,000 BTC (about $172 million) to digital-asset financial services provider Galaxy Digital today. On-chain data shows that this whale previously withdrew 32,000 BTC from BitMEX in November 2025 (7 months before BitMEX announced its shutdown), when the holdings were worth roughly $3 billion—equivalent to 65% of the platform’s total reserves at the time. Since then, the address has cumulatively topped up mainstream institutional service platforms, including BitGo and Galaxy Digital, with 8,000 BTC.