Recent data indicates significant Bitcoin outflows from Galaxy Digital wallets, sparking investor concerns over potential selling pressure.
Outflows from Galaxy Digital
On September 3, an hourly outflow of 691 BTC was recorded from Galaxy Digital wallets, as noted by crypto analyst Maartunn. Such outflows may precede increased selling pressure. Over the past month, outflows ranged from 600 to 2,400 BTC, with a notable transaction of 1,167 BTC that added to concerns. Earlier this year, Galaxy Digital facilitated the sale of over 80,000 BTC, which led to a temporary 3% dip in BTC's price.
Price Support for Bitcoin
Despite significant outflows, BTC has shown resilience, supported by $43 billion in corporate accumulation in 2025. Companies hold over 6% of all BTC, which is 21 times higher than in 2020. Additionally, market data suggests that BTC's 30-day realized volatility is historically low, indicating a maturing asset class.
Potential Market Consequences
While outflows are raising concerns among investors, strong institutional demand and regulatory tailwinds suggest BTC can absorb these pressures. Overall market conditions and buying activity remain optimistic.
Therefore, significant outflows from Galaxy Digital raise concerns about selling pressure for Bitcoin. However, support from institutional investors may help maintain market stability.
