Galaxy Digital: Clients Sold About $9 Billion Worth of Bitcoin Not Due to "Quantum Computing Risks"
According to Odaily, Alex Thorn, Head of Research at Galaxy Digital, stated that a recent sale of approximately $9 billion worth of bitcoin by a Galaxy client was not motivated by concerns over so-called "quantum computing risks."
He pointed out that although Galaxy Digital founder and CEO Mike Novogratz had mentioned that some in the market view quantum computing as one of the explanations for bitcoin's price weakness, Novogratz himself does not agree with this view.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
AMD CPU demand surges unexpectedly! Lisa Su warns: Supply will be tight
Solana Mobile launches modular integration solution Solana Mobile Stack for Android hardware manufacturers
IoTeX launches claims portal, clarifies that compensation funds do not come from the sale of IOTX tokens
Korean Stock Market Halts Trading for Second Consecutive Day, Long Position Address Nearing Liquidation
Trending news
MoreCrypto prices
More
