{"id":90027,"date":"2026-02-05T15:01:52","date_gmt":"2026-02-05T15:01:52","guid":{"rendered":"https:\/\/freakcryptos.com\/index.php\/2026\/02\/05\/9-billion-bitcoin-dump-sparks-talk-but-galaxy-digital-dismisses-quantum-link\/"},"modified":"2026-02-05T15:01:53","modified_gmt":"2026-02-05T15:01:53","slug":"9-billion-bitcoin-dump-sparks-talk-but-galaxy-digital-dismisses-quantum-link","status":"publish","type":"post","link":"https:\/\/freakcryptos.com\/index.php\/2026\/02\/05\/9-billion-bitcoin-dump-sparks-talk-but-galaxy-digital-dismisses-quantum-link\/","title":{"rendered":"$9 Billion Bitcoin Dump Sparks Talk, But Galaxy Digital Dismisses Quantum Link"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<div class=\"trusted-editorial-content trusted-editorial-content--top\">\n\t\t\t\t\t\t\t\t\t<img decoding=\"async\" src=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/02\/safe.png\" class=\"trusted-editorial-content__icon\"\/><\/p>\n<div class=\"trusted-editorial-content__text\"><u>Trusted Editorial<\/u> content material, reviewed by main business specialists and seasoned editors. <a href=\"#\" target=\"_blank\">Ad Disclosure<\/a><\/div>\n<\/p><\/div>\n<p>Galaxy Digital moved shortly to push again on a story {that a} large <a href=\"https:\/\/www.coingecko.com\/en\/coins\/bitcoin\" target=\"_blank\" rel=\"noopener nofollow\">Bitcoin<\/a> commerce it dealt with was pushed by fears about quantum computer systems.<\/p>\n<p>Reports say the huge commerce occurred, however the agency\u2019s researchers made it clear that the motive was not a sudden technological panic.<\/p>\n<h2>Galaxy Denies Quantum Motive<\/h2>\n<p>According to Alex Thorn, Galaxy\u2019s head of analysis, the commerce\u2014executed on behalf of a rich consumer\u2014was not about Bitcoin\u2019s resistance to future <a href=\"https:\/\/www.ibm.com\/think\/topics\/quantum-computing\" target=\"_blank\" rel=\"noopener nofollow\">quantum attacks<\/a>.<\/p>\n<p>The agency launched its quarterly figures on the identical time, displaying a internet lack of $482 million within the fourth quarter of 2025 and a $241 million loss for 2025 general.<\/p>\n<p>Those numbers, paired with the massive commerce, fed a rumor that rippled by means of crypto channels and social feeds.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">Hooo buddy. To translate what <a href=\"https:\/\/twitter.com\/novogratz?ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\" target=\"_blank\">@novogratz<\/a> is saying right here (by way of <a href=\"https:\/\/twitter.com\/search?q=%24GLXY&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\" target=\"_blank\">$GLXY<\/a> earnings name this AM): The $9B block commerce Galaxy did final quarter was for somebody 1) early\/wealthy (clearly), 2) sensible, 3) pretty involved about <a href=\"https:\/\/twitter.com\/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\" target=\"_blank\">$BTC<\/a> Quantum Resistance <a href=\"https:\/\/t.co\/kooKJyjB1s\" rel=\"nofollow\">https:\/\/t.co\/kooKJyjB1s<\/a> <a href=\"https:\/\/t.co\/iUsu1pvM17\" rel=\"nofollow\">pic.twitter.com\/iUsu1pvM17<\/a><\/p>\n<p>\u2014 Kellan Grenier (@kellangrenier) <a href=\"https:\/\/twitter.com\/kellangrenier\/status\/2018698288430563496?ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\" target=\"_blank\">February 3, 2026<\/a><\/p>\n<\/blockquote>\n<h2>Market Timing And Headlines<\/h2>\n<p>Bitcoin briefly slipped beneath $75,000 across the identical time, and that value transfer magnified chatter. Some individuals linked the whale sell-off to an rising tech risk.<\/p>\n<p>Reports say a handful of market commentators pointed to quantum computing as the rationale for the promote. But many specialists pushed again, arguing that the timeline for a quantum machine able to breaking Bitcoin\u2019s cryptography is lengthy.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">quantum isn&#8217;t why the whale bought<\/p>\n<p>novo didn\u2019t join the 2. he stated it was one cause ppl are claiming for btc weak spot, however he disagrees with that (that is clear in case you learn the complete transcript)<\/p>\n<p>he then clarified on bloomberg that quantum isn\u2019t the rationale for btc weak spot <a href=\"https:\/\/t.co\/pxvqOvsTZZ\" rel=\"nofollow\">https:\/\/t.co\/pxvqOvsTZZ<\/a> <a href=\"https:\/\/t.co\/JT5Qi0PXI4\" rel=\"nofollow\">pic.twitter.com\/JT5Qi0PXI4<\/a><\/p>\n<p>\u2014 Alex Thorn (@intangiblecoins) <a href=\"https:\/\/twitter.com\/intangiblecoins\/status\/2018756806277742653?ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\" target=\"_blank\">February 3, 2026<\/a><\/p>\n<\/blockquote>\n<p>Adam Back, a long-standing voice within the area, has argued {that a} significant quantum risk is a long time away, not a near-term occasion.<\/p>\n<p>Vitalik Buterin, Ethereum co-founder, agreed that blockchains might undertake stronger signatures properly earlier than any widespread threat materializes.<\/p>\n<p>Andreas Antonopoulos, a widely known Bitcoin educator and writer, has emphasised that if quantum computer systems ever grew to become that highly effective, many international programs would already be affected, not solely crypto.<\/p>\n<h3>BIP-360 And The Community Response<\/h3>\n<p>A defensive step has emerged contained in the ecosystem: supporters and a few fund managers have been selling <a href=\"https:\/\/bip360.org\/\" target=\"_blank\" rel=\"noopener nofollow\">BIP-360<\/a>, a proposal that might add a post-quantum signature possibility for susceptible Bitcoin addresses.<\/p>\n<figure style=\"width: 1835px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full\" src=\"https:\/\/www.tradingview.com\/x\/U8767bmW\/\" width=\"1835\" height=\"947\"\/><figcaption class=\"wp-caption-text\">BTCUSD at present buying and selling at $74,927. Chart: <a href=\"https:\/\/www.tradingview.com\/\" target=\"_blank\" rel=\"noopener nofollow\">TradingView<\/a><\/figcaption><\/figure>\n<p>Reports notice that such measures replicate planning, not panic. They present that builders and stakeholders are discussing choices and getting ready doable upgrades. That planning is a part of regular threat administration in a system that values longevity.<\/p>\n<h3>Trading Reasons Can Be Mixed<\/h3>\n<p>Large holders promote for a lot of motives: tax planning, portfolio rebalancing, liquidity wants, or strategic hedging. It is uncommon for a single rationale\u2014particularly a speculative know-how worry\u2014to clarify a commerce of this dimension with out different corroborating indicators.<\/p>\n<p>The denial from Galaxy makes the quantum angle appear like a post-hoc story that stuffed a spot in an already jittery market.<\/p>\n<p><em>Featured picture from Unsplash, chart from TradingView<\/em><\/p>\n<div class=\"trusted-editorial-content trusted-editorial-content--bottom\">\n\t\t\t\t\t\t\t\t\t<img decoding=\"async\" src=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/02\/safe.png\" class=\"trusted-editorial-content__icon\"\/><\/p>\n<p><strong>Editorial Process<\/strong> for bitcoinist is centered on delivering completely researched, correct, and unbiased content material. We uphold strict sourcing requirements, and every web page undergoes diligent evaluate by our crew of prime know-how specialists and seasoned editors. This course of ensures the integrity, relevance, and worth of our content material for our readers.<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/><br \/>\n<br \/><a href=\"https:\/\/bitcoinist.com\/9-billion-bitcoin-dump-sparks-talk-but-galaxy-digital-dismisses-quantum-link\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Trusted Editorial content material, reviewed by main business specialists and seasoned editors. Ad Disclosure Galaxy Digital moved shortly to push again on a story {that a} large Bitcoin commerce it dealt with was pushed by fears about quantum computer systems. Reports say the huge commerce occurred, however the agency\u2019s researchers made it clear that the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":90029,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[65,20,60,6381,883,1306,1730,7367,2204,6006],"class_list":{"0":"post-90027","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bitcoin","8":"tag-billion","9":"tag-bitcoin","10":"tag-digital","11":"tag-dismisses","12":"tag-dump","13":"tag-galaxy","14":"tag-link","15":"tag-quantum","16":"tag-sparks","17":"tag-talk"},"_links":{"self":[{"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/posts\/90027","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/comments?post=90027"}],"version-history":[{"count":1,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/posts\/90027\/revisions"}],"predecessor-version":[{"id":90028,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/posts\/90027\/revisions\/90028"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/media\/90029"}],"wp:attachment":[{"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/media?parent=90027"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/categories?post=90027"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/tags?post=90027"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}