Galaxy Digital Plunges 6.73% with $480M Surge in Volume Ranking 266th in Trading Activity

On October 10, 2025, Galaxy Digital (GLXY) closed with a 6.73% decline, marking its largest single-day drop since mid-September. The stock traded with a volume of $0.48 billion, a 86.36% surge from the previous day, ranking 266th among all listed equities in terms of trading activity. The sharp selloff occurred amid heightened market volatility and sector-specific pressures affecting digital asset-related equities.

Analysts noted that the decline coincided with broader market uncertainty ahead of key macroeconomic data releases, though no company-specific catalysts were identified in public disclosures. The heavy trading volume suggests significant institutional positioning adjustments, though retail investor sentiment remains divided based on recent forum activity. No major regulatory developments or earnings surprises were reported for the firm in the preceding 48 hours.

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