Galaxy Digital, a prominent crypto finance company, recently withdrew 200 BTC (worth approximately $21.31 million) from the cryptocurrency exchange Bybit. According to on-chain analyst The Data Nerd, the BTC was transferred to a cold wallet belonging to Marathon Digital, a bitcoin mining company. The transaction took place approximately six hours ago, and the funds were sent from an address allegedly connected to Galaxy Digital to a cold wallet owned by Marathon Digital. The reasons behind this significant transfer remain unclear, but it has sparked speculation and interest within the cryptocurrency community.

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