Mike Novogratz's Galaxy Digital Sells $89 Million in Bitcoin, Community Stunned

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Mike Novogratz's Galaxy Digital Sells $89 Million in Bitcoin, Community Stunned
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Renowned Bitcoin bull's fund sells millions in BTC on Coinbase exchange

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Bitcoin has demonstrated a 5.65% decline over the past 24 hours, mostly driven by a large hourly red candle. Falling from the $56,590 zone, it collapsed to $53,400. By now, a small increase of 1.53% has been added and the flagship cryptocurrency is changing hands at $54,354 per coin. QCP: Nvidia continued to sell off, weighing down on broader US equities indices and crypto prices. Even as crypto gapped lower overnight, the options market was relatively calm. The desk even saw large put selling through the session. We are observing front-end vols…has published a tweet, sharing his take on the present state of the crypto market sentiment. He responded to the expectation that is beginning to form in the market by some traders that BTC might decline further and hit $40,000.

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