The sell-off continues. In the past 50 minutes, Galaxy has transferred out another 5,153 BTC, with a total value of $596 million.

Among these, 3,313 BTC (worth $383 million) have been clearly recharged into exchanges, and USDT continues to be withdrawn from the exchanges; the remaining BTC has been transferred to new addresses, with ownership still unclear.

Currently, Galaxy Digital still holds 26,238 BTC on-chain.