Institutional crypto firm Galaxy has facilitated a remarkable sale of more than 80,000 Bitcoin, valued at approximately $9.3 billion, on behalf of a Satoshi-era whale. This transaction is noted as one of the largest in cryptocurrency history, marking a significant exit from the digital asset market after the coins had been held for 14 years. The whale, whose identity remains unknown, initiated movement of the Bitcoin earlier this month, prompting speculation among analysts. Blockchain experts indicate that the coins likely originated from MyBitcoin.com, an early wallet service that ceased operations in 2011 after a hack. While there was a significant sale, Bitcoin's price dipped only slightly, remaining resilient over the week despite the substantial transaction. These movements often raise concerns about potential selling pressure as other investors may react to such large sales, while demand from other Bitcoin whales appears to be on the rise, highlighting the complex dynamics within the market.

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