The post Galaxy Digital Buys $1.2 Billion Solana In Record Time –  A Strong Signal Of Institutional “Altseason” Grip appeared on BitcoinEthereumNews.com.

Galaxy Digital has announced that it has done one of the most audacious institutional acquisitions of the cryptocurrency in recent history, purchasing 4.93 million SOL tokens worth about $1.2 billion during only three days. The enormous buying spurt, carried out in several significant exchanges, such as Binance, Coinbase, Kraken and Bitstamp, is a strong indicator that institutional investors are preparing to get in on what many analysts think might become the greatest altcoin boom in years. The Magnitude Investment Stirring Shockwaves Across Crypto Market The size and rate with which Galaxy Digital has conducted its accumulation drive have caused seismic shocks amongst cryptocurrency markets with industry analysts suggesting that these types of mass buying tend to signal a major movement in the market. According to on-chain data gathered by Arkham Intelligence, this company has purchased a total of 2.16 million SOL, equivalent at market prices of approximately $486 million, in, notably, centralized exchanges Binance and the hot wallets of Coinbase, before arriving in the Fireside custody solutions of Galaxy Digital. The strategy of unprecedented accumulation coincides with the larger activity of Galaxy Digital in various billion-dollar Solana treasury programs, and the company seems to be the driving force behind what seems to be a centralized institutional initiative in investing in the Solana ecosystem. The date and time of this investment is an indication that high-level institutional buyers and traders are gearing up towards big market shifts in the altcoin industry. Multi-Exchange Acquisition Strategy and Market Impact The comprehensive strategy by Galaxy Digital to accumulate SOL tokens in various exchanges shows coordination and market knowledge at an institutional level. The acquisitions were spread over Gemini, Coinbase, Kraken, Binance, and Bitstamp, with each exchanges having an average of between 1.43 million to 19.21 million dollars in purchases.  This distribution plan reduces the…

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Filed under: News - @ September 14, 2025 10:17 am