Institutional crypto firm Galaxy recently reported the sale of over 80,000 Bitcoin, equivalent to more than $9 billion, for a Satoshi-era investor. This transaction stands as one of the largest in cryptocurrency history. The whale, who moved their coins after holding them for 14 years, surprised analysts with this sudden activity. Blockchain analyst JA_Maartun indicated that the same coins moved to Galaxy were linked to an early wallet service, MyBitcoin.com, which ceased operations in 2011 due to a hack. Galaxy has not provided further comment on the sale. Generally, a Bitcoin whale is defined as holding at least 1,000 BTC, and while typically seen as individual investors, many whales are early mining companies. Despite the massive sale, Bitcoin's price remained relatively stable, dipping only 1% in the subsequent day. Cryptocurrency trends suggest that whale involvement is crucial in market dynamics, as their movements can lead to selling pressure in the market.

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