Institutional crypto firm Galaxy conducted a massive sale of over 80,000 Bitcoin, worth more than $9 billion, on behalf of a Satoshi-era whale. This transaction is noted as one of the largest in the crypto market. Galaxy revealed that the coins had been held for 14 years before their recent movement, surprising analysts. Blockchain analyst JA_Maartun confirmed that the same coins were involved in the Galaxy sale, which has generated speculation regarding the whale's identity, potentially linked to the MyBitcoin.com wallet service that collapsed in 2011. Despite the sale, Bitcoin's price showed resilience, dipping by only 1%, trading around $117,274, below its all-time high of $122,838. This activity raises concerns among investors, who often expect that large sales from whales might lead to increased selling pressure in the market.

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