Galaxy’s Bitcoin Wallets See Sharp Outflows as BTC Collapses Below $95K

According to the data provided by CryptoQuant, the wallets associate with Galaxy Digital recently saw a strong flow of about 200 BTC.

Such movements tend to indicate short-term selling pressure, which becomes rather extreme.

In July, for example, Galaxy announced that it had sold more than 80,000 BTC, valued at more than US$9 billion (based on then-market prices), on behalf of a “Satoshi-era investor.”

This was a customer transaction, meaning he was selling from his own treasury. In the third quarter of 2025, Galaxy said its “digital asset trading volumes” increased significantly. The Q3 report frames the volume as part of Galaxy’s platform business rather than internal treasury liquidation.

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This was not an isolated event. As reported by U.TodayGalaxy also started rolling out more coins in late October.

The rapid dive of Bitcoin

Earlier today, the price of Bitcoin it fell below the $95,000 level for the first time since May.

Investors reduced hopes that the Federal Reserve It will cut interest rates soon. This makes “risk assets” of the likes of Bitcoin less attractive compared to safer investments (bonds, cash), thus the flow of money from crypto.

With tighter financial conditions, markets become more cautious and prone to selling risk, which drags on crypto.

Meanwhile, institutional flows into Bitcoin (and cryptocurrencies in general) have ebbed. The big funds and ETFs don’t add up as much, which removes the key support underneath the price. The data on the chain and derivatives show the sellers who dominate with more put options activity.

At the same time, large holders are moving coins or selling, creating psychological and actual pressure.