Galaxy Digital: Clients selling approximately $9 billion worth of Bitcoin not due to "quantum computing risk"

BTC-0,67%

Odaily Planet Daily reports that Galaxy Digital Research Director Alex Thorn stated that a certain Galaxy client recently sold approximately $9 billion worth of Bitcoin, not due to the so-called “quantum computing risk” considerations.

He pointed out that although Galaxy Digital founder and CEO Mike Novogratz has mentioned that some market opinions consider quantum computing as one of the explanations for Bitcoin price weakness, Novogratz himself does not agree with this view.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

The Origin Story of Sunny Lu: From a 100 BTC Scam to Building VeChain

VeChain’s Sunny Lu got into crypto after losing $300 on an unsuccessful 100 BTC purchase on Taobao, which led him to research Bitcoin. Later, Lu used blockchain to track supply chains and launched VeChain in 2015 to target verification and enterprise applications. The crypto journey of Sunny

CryptoNewsFlash43m ago
Comment
0/400
No comments