A new wallet receives a large Bitcoin transfer

According to a BlockBeats report on transaction disclosures on the chain, the newly created wallet address has received 700 Bitcoin from Galaxy Digital. This transaction adds to the total contents of the wallet, which now amount to 1,900 Bitcoin. The process of acquiring these Bitcoins has been ongoing since December 9 through an over-the-counter (OTC) platform. The wallet address in question is bc1qp8sepu0sa8kv497kn9s9jfukg7c7eg5yyuhc4w.