On July 25, 2025, institutional crypto firm Galaxy announced the sale of over 80,000 Bitcoin, worth more than $9 billion, on behalf of a Satoshi-era investor. The transaction stands as one of the largest ever recorded in the crypto market. This whale, who had held their Bitcoins for 14 years, moved the coins earlier in the month, leading analysts to speculate about the significance of this action. Blockchain data confirmed that the same coins involved in this sale were previously moved to Galaxy's addresses. Reports indicate that these Bitcoins may have originated from an early Bitcoin wallet service, MyBitcoin.com, which ceased operations following a 2011 hack. Bitcoin whales, defined as entities holding at least 1,000 BTC, can exert significant influence over market prices. Despite this historic sale, Bitcoin's price showed minimal movement, remaining largely stable around $117,000, down just 1% over the day. Analysts observe that when whales sell, it can create selling pressure as others anticipate further liquidations. The activity of these large holders is garnering increased interest, as the demand for Bitcoin among whales appears to be on the rise.

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