gala

According to Lookonchain monitoring, in the past 5 hours, a wallet associated with Galaxy Digital (FFDAa) deposited 200,000 SOL, worth 16 million dollars, to Binance, OKX, and Bybit.

According to on-chain analyst The Data Nerd (@OnchainDataNerd), Galaxy Digital deposited 245 BTC (approximately $16.91 million) to Binance. Over the past 7 months, it has cumulatively deposited 1,680 BTC (approximately $148.58 million).

Stablecoin infrastructure startup Levl announced the completion of a $7 million seed funding round, led by Galaxy Ventures, with participation from Protagonist, Deus X, Blockchain Builders Fund, and others.The company is dedicated to providing stablecoin payment infrastructure for digital wallets and fintech companies, having served over 20 clients with an annual transaction volume exceeding $1 billion. The founder stated that its platform can help clients achieve cross-border instant payments at a lower cost without the need to build complex systems. Levl plans to double its team size and focus on expanding into the Latin American and African markets.

According to CNBC, Galaxy Digital CEO Mike Novogratz stated at the Digital Finance Forum on Tuesday that the "speculative era" of cryptocurrency may be coming to an end, and the industry will shift towards a development phase characterized by real-world assets and lower returns.Novogratz pointed out that the current market adjustment reflects a structural change in the industry rather than being caused by a single event. He specifically mentioned the large-scale liquidation of leveraged positions that occurred in October 2025, believing it "cleared out a significant number of retail investors and market makers" and put ongoing pressure on prices. As more risk-averse institutional investors enter, the industry will gradually shift from high-multiple return expectations to the widespread adoption of global financial services based on blockchain infrastructure.On the regulatory front, Novogratz revealed that he recently communicated with Senate Minority Leader Chuck Schumer, noting that both parties are keen to push the CLARITY Act through. He believes that the bill is not only driven by multiple practical needs but can also "revitalize the spirit" of the crypto market, and he is confident that the crypto market structure bill will ultimately become law.

According to Arkham data, at 10:22, 256,300 SOL (worth approximately $22.29 million) was transferred from an anonymous address (starting with DvB89R...) to Galaxy Digital.

Galaxy Digital announced that its board of directors has approved a stock repurchase plan, authorizing the repurchase of up to $200 million of Galaxy Class A common stock, subject to applicable securities laws and exchange regulations.Galaxy founder and CEO Mike Novogratz stated, "Galaxy has a strong balance sheet and continues to invest in the growth of Galaxy. This foundation allows us to flexibly return capital to shareholders when we believe the stock price does not reflect the company's value. The stock repurchase plan also underscores our confidence in Galaxy's long-term prospects."

According to Onchain Lens monitoring, a large transaction has deposited 10,128 ETH (worth 20.44 million USD) into the Galaxy Digital and FalconX platforms, resulting in an unrealized loss of 44.2 million USD.The trader initially withdrew 17,836 ETH worth 79.77 million USD from the OKX exchange and currently still holds 7,709 ETH worth 15.13 million USD.

Galaxy Digital's research director Alex Thorn stated that a certain client of Galaxy recently sold approximately $9 billion in Bitcoin, not due to the so-called "quantum computing risk" considerations.He pointed out that although Galaxy Digital founder and CEO Mike Novogratz mentioned that some opinions in the market view quantum computing as one of the explanations for the weakening of Bitcoin prices, Novogratz himself does not agree with this statement.

According to market news, despite Galaxy Digital's stock price plummeting due to a $482 million loss in the fourth quarter, the market may be overlooking its potential in long-term catalysts such as AI data centers and U.S. cryptocurrency regulatory legislation.Galaxy's current stock price is around $21, and Benchmark maintains its "buy" rating with a target price of $57, anticipating a 170% upside. Galaxy CEO Mike Novogratz stated during the earnings call that there is a 75%-80% probability of passing U.S. cryptocurrency market structure legislation, which could attract more institutional capital into the market. Additionally, the company plans to announce more institutional partnerships and infrastructure expansion plans in the coming quarters, including the expansion of on-chain credit markets.Benchmark also mentioned that Galaxy's Helios data center in Texas is an undervalued asset, with over 1.6 gigawatts of approved power capacity, and plans to start generating revenue this year through a leasing agreement with AI cloud service provider CoreWeave. Analysts believe that the valuation of the Helios data center alone could exceed Galaxy's current market value.Despite the decline in fourth-quarter performance, Galaxy's lending business continues to grow, with total loans reaching $1.8 billion, while the company has $2.6 billion in cash and stablecoin reserves, providing ample financial support for its expansion in cryptocurrency infrastructure and AI.

According to market news, Galaxy Digital CEO Mike Novogratz stated during the earnings call that the biggest risk Bitcoin currently faces is internal governance issues, rather than quantum computing. He believes that quantum computing is more of a market hype narrative and expects Bitcoin to upgrade to quantum-resistant technology in a timely manner.Novogratz pointed out that the real long-term threat to Bitcoin lies in the potential for persistent disagreements among developers or the inability to reach consensus on upgrades, but he believes this scenario is unlikely to occur, as Bitcoin has the capability to address these issues. When discussing the recent market decline, Novogratz noted that the selling pressure mainly comes from the distribution of chips by long-term holders, rather than a collapse of market confidence.While acknowledging the possibility of further downside, he intuitively feels that the market is closer to the cycle bottom rather than the beginning of another prolonged crypto winter. He mentioned that the legislative framework for cryptocurrency regulation in the U.S. could serve as a catalyst to attract new demand through Wall Street channels, and pointed out that Bitcoin's role as a macro asset supported by both retail and institutional investors has been solidified.

According to Onchain Lens monitoring, a certain whale deposited 8,329 ETH (approximately 18.59 million USD) into Galaxy Digital after holding and losing 19.69 million USD.This whale initially withdrew 11,860 ETH from OKX (then worth 46.26 million USD) and currently still holds 3,530 ETH, valued at approximately 8 million USD.

According to monitoring by The Data Nerd, DBS (0x...) transferred 3 million USDC to Galaxy Digital, possibly for purchasing ETH.

Galaxy Digital Inc. (NASDAQ/Toronto Stock Exchange: GLXY) today released its Q4 and full-year financial results for 2025. The company reported a net loss of $241 million for the year, with a loss per share of -$0.61, primarily impacted by the decline in digital asset prices and approximately $160 million in one-time costs. Nevertheless, the company achieved an adjusted gross profit of $426 million for the year, with adjusted EBITDA of $34 million.As of the end of 2025, Galaxy's total equity reached $3 billion, with cash and stablecoin holdings of $2.6 billion. The company successfully completed its restructuring and went public on NASDAQ in 2025, while its Global Markets business achieved record trading volumes and consulting fee revenues. The total assets of the asset management platform reached $12 billion, with a net inflow of $2 billion for the year.In the data center business, Galaxy signed a long-term agreement with CoreWeave for 800 megawatts and received ERCOT approval to expand the total power capacity of the Helios data center to 1.6 gigawatts, with the first data hall expected to be delivered in Q1 2026. The company also strengthened its financial position through $325 million in equity financing and the issuance of $1.3 billion in notes.

Galaxy Research Director Alex Thorn posted on the X platform, stating that on-chain data, the technical weakening of key price levels, macroeconomic uncertainty, and the lack of clear catalysts in the short term all indicate that BTC may continue to weaken in the coming weeks to months, potentially dipping near the 200-week moving average. Historically, these levels often represent excellent entry points for long-term investors.From January 28 to January 31, Bitcoin fell a total of 15%, accelerating its decline over the weekend. On Saturday alone, it dropped by 10%, and currently, about 46% of Bitcoin's supply is in a state of unrealized loss. After the close in January, Bitcoin experienced its first consecutive four-month decline since 2018. Aside from the exceptional year of 2017, Bitcoin has never seen a situation where, after a 40% retracement from its ATH, it did not further expand to a retracement of over 50% within three months. If it were to retrace 50% from the current ATH, the BTC price would be around $63,000.There is a significant on-chain holding vacuum in the $82,000--$70,000 range, increasing the likelihood of a short-term dip to test demand in that range. The current realized price is about $56,000, and the 200-week moving average is around $58,000. There is still a lack of clear evidence of whales and long-term holders significantly increasing their positions, but the profit-taking by long-term holders is clearly slowing down.Short-term catalysts remain scarce; Bitcoin has failed to participate in the "currency devaluation hedge trades" alongside gold and silver, and the narrative surrounding it is also unfavorable. Although the potential passing of the crypto market structure legislation (the CLARITY Act) could serve as an exogenous catalyst, the probability of it passing has decreased recently, and even if it does pass, its positive impact is more likely to benefit altcoins rather than BTC.Despite BTC potentially oscillating near a maximum discount of about -10% from the ETF cost basis (currently around $76,000), considering the above factors, the probability of Bitcoin further dipping to the supply gap bottom near $70,000, and possibly testing the realized price ($56,000) and the 200-week moving average ($58,000) remains high, with a time frame potentially spanning the next few weeks to months. Historically, these areas often mark the cycle bottom and provide strong entry opportunities for long-term investors.

According to Arkham data, at 07:05, 350 WBTC (worth approximately 27.49 million USD) were transferred from an anonymous address (starting with 0xd674...) to Galaxy Digital.

According to Arkham data, at 06:19, 225.45 BTC (worth approximately 14.06 million USD) was transferred from an anonymous address (starting with bc1qp0vdp...) to another anonymous address (starting with bc1qsnyph...). Subsequently, this address transferred a portion of the BTC (45.72 BTC) to Galaxy Digital.

According to Arkham data, at 12:33, 3,499.99 BNB (worth approximately 2.98 million USD) was transferred from an anonymous address (starting with 0x81E4...) to Galaxy Digital.

According to Onchain Lens monitoring, a certain whale received 445,000 HYPE from Galaxy Digital OTC, which may be staked, worth approximately 14.48 million USD.

According to market news, after a 3-month silence, the whale "0x86E" sent 8,491 ETH (worth 23.31 million USD) to Galaxy Digital, incurring a loss of 9.15 million USD. These ETH were initially received by the whale from OKX at an average price of 3,823 USD, when they were worth 32.46 million USD.

According to official news, Gate Live will launch the 2026 Spring Festival On-Chain Gala from January 28 at 11:00 to February 28 at 23:59 (UTC+8). During the event, red envelopes, koi benefits, and leaderboard competitions will be launched simultaneously, accompanying users to celebrate the New Year on-chain, with the market remaining open, sharing joy and profits.This event combines market reviews, potential track predictions, host interpretations, and fun interactions, with simultaneous launches of site-wide red envelope showers, Spring Festival leaderboard competitions, and multiple koi benefits. Users can grab individual red envelopes worth up to 88 USDT with zero entry barriers, participate in leaderboard competitions to win high rewards, and have a chance to draw the ultimate koi red envelope worth $888 GT.