On July 25, 2025, institutional crypto firm Galaxy announced a record sale of over 80,000 Bitcoin, worth more than $9.3 billion, on behalf of a long-term Satoshi-era investor. This marked one of the largest transactions in cryptocurrency history and was characterized by Galaxy as a significant exit from the market for an early Bitcoin holder, who had kept the coins for 14 years. After moving the Bitcoin earlier in the month, the investor executed the sale with Galaxy, which did not disclose further details. Analysis indicates that this sale came from an early Bitcoin wallet service, MyBitcoin.com, highlighting its importance in the cryptocurrency landscape. Despite the massive nature of the sale, Bitcoin's price dipped by only 1% and was trading around $117,274, remaining below its all-time high of $122,838. The article emphasized the tendency for large holders, or 'whales,' to influence market dynamics when they decide to sell their holdings, which can increase overall selling pressure in the market.

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