Institutional crypto firm Galaxy has sold over 80,000 Bitcoin, worth more than $9.3 billion, on behalf of a major investor from the Satoshi era. This transaction is noted as one of the largest in crypto history and represents a significant exit from the market for the investor who held the coins for 14 years. The movement of these Bitcoins occurred earlier this month, surprising analysts who tracked the transactions back to the same investor. Galaxy refused to provide further details but blockchain data suggested the coins originated from an early Bitcoin wallet service that closed after a hack. Bitcoin whales, defined as entities holding at least 1,000 BTC, are typically involved in the market for years, and their activities can influence market dynamics significantly. Despite the massive sale, Bitcoin's price experienced only a minor dip of around 1%, trading near $117,274, indicating market resilience amid such significant transactions.

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