Institutional crypto firm Galaxy reported a major transaction involving the sale of 80,000 Bitcoin, valued at over $9 billion, on behalf of a Satoshi-era whale. This sale is described as one of the largest Bitcoin transactions in the history of cryptocurrency, marking a significant exit from the market after the coins were held for 14 years. Analysts noted that the coins had been moved from a crypto wallet associated with MyBitcoin.com, which closed in 2011 due to a hack, indicating they were likely purchased from the original owner by Galaxy. Despite this massive sale, Bitcoin's price only dipped slightly by 1% following the announcement, remaining steady at around $117,274. The report highlights the complexity surrounding Bitcoin whales, who can be both individual investors and companies involved in mining from the early days of Bitcoin.

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