Institutional crypto firm Galaxy reported the sale of over 80,000 Bitcoin, valued at more than $9 billion, for a Satoshi-era investor. This event marks one of the largest recorded Bitcoin transactions in history, described as a significant exit from the digital asset market. The mysterious whale moved the coins after holding them for 14 years, stirring confusion among analysts. Blockchain data suggested that the transaction originated from an early Bitcoin wallet service, MyBitcoin.com, which ceased operations in 2011 after a hack. Experts indicate that such whales typically hold significant amounts of Bitcoin—1,000 BTC or more—often as part of long-term investment strategies. Despite the massive sale, Bitcoin's price has only dipped slightly, maintaining stability as trading continues. Analysts noted that demand from Bitcoin whales remains robust, highlighting a potential appetite for increasing their holdings further, despite large sell-offs.

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