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Just-In: Mike Novogratz Turns Bullish, Galaxy Digital Buys 400 BTC

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Summary
Nutrition label

65% Informative

Mike Novogratz’s Galaxy Digital has again increased its Bitcoin holdings, bagging a whopping 400 BTC today .

Galaxy Digital 's wallet address 12QVsf .. bagged 400 BTC, worth $23.40 million , from the Binance crypto exchange today , August 19 .

On-chain data reveals a notable $23 million accumulation by the digital asset manager.

The accumulation has ignited bullish sentiments for the asset across the broader crypto market.

However, BTC price slipped 3% in the past 24 hours to reach $ 58,205 , contrary to the mentioned developments.

VR Score

42

Informative language

29

Neutral language

30

Article tone

formal

Language

English

Language complexity

54

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not offensive

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not hateful

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not detected

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not detected

Time-value

short-lived

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