Galaxy Client Sells $9 Billion in Bitcoin, Sparking Security Concerns

A significant transaction involving a Galaxy client selling $9 billion worth of Bitcoin has drawn attention to a trend among early adopters cashing in on their investments. According to NS3.AI, this move reflects a shift in sentiment regarding long-term holding strategies, commonly known as HODLing. CEO Mike Novogratz attributed this behavior to a diminishing confidence in the sustainability of these strategies. The sale has also rekindled debates about the potential risks posed by quantum computing to Bitcoin's security.