A post by @whale_alert on X.

Galaxy Digital moved 966 BTC, valued at roughly $69.16 million, to a previously unknown new wallet in a single transaction flagged by Whale Alert. The transfer represents a notable slice of Bitcoin liquidity leaving a prominent institutional trading and custody firm, though the destination wallet’s ownership remains unidentified. At the reported valuation, the transfer implies a Bitcoin price near $71,600. Market participants will watch whether the new wallet is an exchange deposit, a cold-storage rotation, or an over-the-counter settlement, since each implies a different near-term supply signal. Follow-on transfers from the same address, or a return of funds to Galaxy, would clarify whether the move was routine custody housekeeping or preparation for a sale.