The post Galaxy Digital Deposits 50 Million USDT to Binance to Accumulate BTC – Latest BlockBeats Update appeared on BitcoinEthereumNews.com.

As of November 19, recent monitoring by The Data Nerd indicates significant movements in the cryptocurrency market. Galaxy Digital has once again demonstrated its active participation by depositing 50 million USDT into Binance, an exchange renowned for its large trading volumes. This latest deposit, logged just 15 minutes ago, follows a transaction made 20 hours earlier, where the firm transferred 10 million USDT to Coinbase. These maneuvers align with Galaxy Digital’s ongoing strategy to accumulate Bitcoin (BTC), evidenced by a previous deposit of 50 million USDT to Binance four days prior. Such activities underscore the pivotal role that institutional players like Galaxy Digital play in shaping market dynamics and investor confidence within the cryptocurrency sphere. Source: https://en.coinotag.com/breakingnews/galaxy-digital-deposits-50-million-usdt-to-binance-to-accumulate-btc-latest-blockbeats-update/

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Filed under: News - @ November 19, 2024 4:24 am