Institutional crypto firm Galaxy reported a massive $9.3 billion sale of over 80,000 Bitcoin on behalf of a long-term investor from the Satoshi era. This sale is noted as one of the largest Bitcoin transactions in history and represents a significant exit from the digital asset market after the mysterious whale held the coins for 14 years. Blockchain analysts confirmed that the coins had moved from a wallet tied to the service MyBitcoin.com, which closed in 2011 following a hack. Despite the massive sell-off, Bitcoin's price showed minimal reaction, dipping just 1% in the last day and trading around $117,274, which is nearly 5% below its all-time high. Whales, defined as individuals or entities holding at least 1,000 BTC, often influence market behavior, causing pressure when they liquidate assets. Galaxy's involvement in the transaction raises questions but they declined to provide additional insights.

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