GALAXY DIGITAL BUYS 500 BTC, SELLS ETHER

Mike Novogratz’s Galaxy Digital is back, and they just snagged nearly 500 BTC from Binance for $31.38 million, boosting their stash to about 3,912 BTC worth around $244 million.

With Bitcoin’s price pumping 1-3% lately—thanks to buzz around China’s economic stimulus and Trump’s presidential campaign—the institutional vibes are rising.

But they also dumped 7,000 ETH, about $17 million, into Binance and OKX, which has some folks wondering about market sentiment.

Source: CoinGape