Institutional crypto firm Galaxy announced the sale of over 80,000 Bitcoin, valued at over $9.3 billion, for a long-term Satoshi-era investor. This transaction is noted as one of the largest in Bitcoin's history, marking a significant exit from the market for the seller, who moved these coins after holding them for 14 years. Blockchain analysts confirmed that the coins were transferred to Galaxy's addresses. The source of the coins is believed to be linked to MyBitcoin.com, an early wallet service that closed post-hack in 2011. Despite this massive sale, Bitcoin's price dipped only slightly by about 1%, holding steady near $117,274, significantly below its all-time high of $122,838.
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