Massive $9 Billion Bitcoin Sale Highlights Quantum Threat Concerns

A recent $9 billion bitcoin sale by a single Galaxy client raises questions about the future of crypto amid quantum computing threats.

In a significant move, a single client from Galaxy recently executed a staggering $9 billion bitcoin transaction, sparking renewed discussions regarding the potential risks posed by quantum computing to cryptocurrencies.

CEO Mike Novogratz highlighted that this substantial sale is reflective of a broader trend among early bitcoin investors who are opting to take profits. This behavior suggests that there may be a diminishing faith in the 'HODLing' strategy, which emphasizes long-term holding of assets.