One of the Biggest Bitcoin Whales in History Just Cashed Out $9 Billion
Galaxy, an institutional crypto firm, reported a historic Bitcoin sale on July 25, 2025, where it sold over 80,000 BTC, worth approximately $9.3 billion. The transaction was conducted on behalf of a mysterious Satoshi-era whale who had held the coins for 14 years. This sale is considered one of the largest notional Bitcoin transactions in crypto history and marks a significant exit from the digital asset market. Following the sale, analysts noted that price fluctuations were minimal, with Bitcoin trading around $117,274, just under its all-time high of $122,838. The whale's identity remains unknown, but blockchain data suggests the coins originated from an early wallet service that was hacked in 2011. Experts emphasize the implications of such a large sale, as it may influence market dynamics, stirring concerns about increased selling pressure from other major holders. Despite this, data indicates a strong ongoing demand from other large investors for Bitcoin, highlighting the complexity and activity within the crypto market.
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