Institutional crypto firm Galaxy recently announced that it executed a $9.3 billion sale of over 80,000 Bitcoin for a Satoshi-era investor. This transaction is noted as one of the largest in crypto history, marking a significant exit for an investor who held the coins for 14 years. Analysis of blockchain data indicates that the coins moved to Galaxy’s addresses came from an early wallet service that closed following a hack in 2011. Although the sale raised concerns regarding future price impacts, Bitcoin's price dipped only slightly, remaining stable around $117,000. Experts classify Bitcoin whales as entities holding at least 1,000 BTC, often made up of both individual investors and early mining companies. Despite Friday's massive sale, the broader trend shows a growing demand among whales for more Bitcoin, which could have implications for market dynamics in the future.

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