Institutional crypto firm Galaxy announced the sale of over 80,000 Bitcoin, valued at more than $9 billion, on behalf of a Satoshi-era investor. This transaction is noted as one of the largest in crypto history and represents a substantial exit from the market after the investor held the coins for 14 years. Blockchain analysts have indicated that the coins came from a wallet associated with MyBitcoin.com, which shut down in 2011 after a hack. Despite this large sale, Bitcoin's price has only dipped slightly, trading at around $117,274 and remaining stable over the last week. The activity of whales—entities holding large amounts of Bitcoin—can influence market dynamics, as their actions often lead to expectations of selling pressure from the broader market. Meanwhile, crypto data firm CryptoQuant reported that the demand for Bitcoin from whales continues to grow, indicating their appetite for acquiring more of the asset remains strong.

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