Saad Ullah
⬤ GLXY Galaxy Digital is currently trading beneath a significant liquidity zone that's caught the attention of institutional traders. Dark pool data reveals approximately 2.56 million shares traded hands around the $18 level in the most recent session.
⬤ The price action tells an interesting story. Multiple dark pool concentrations appear on the chart, with the heaviest volume sitting right at $18. Secondary clusters show up around $17 and $16. With GLXY trading near $16.84 at the time, the stock sits just below that primary volume area where big money has been active.
⬤ Recent 13F filings show some notable players establishing fresh positions this quarter. Balyasny jumped in with roughly $113 million, Invesco added around $53 million, and Marshall Wace picked up approximately $36 million worth of shares.
⬤ Why does this matter? When price interacts with these high-volume zones, it often drives near-term trading decisions. Institutional buyers and sellers tend to defend or challenge these levels, making the $18 mark worth watching as GLXY navigates this concentrated transaction area.
Saad Ullah
