Institutional crypto firm Galaxy has sold over 80,000 Bitcoin, valued at more than $9 billion, on behalf of a Satoshi-era investor, marking one of the largest transactions in crypto history. This significant sale, described as an early and noteworthy exit from the market, follows the movement of the same 80,000 BTC after 14 years of holding. Blockchain analysts pointed out that the coins originated from an early Bitcoin wallet service called MyBitcoin.com, abandoned in 2011 after a hack. Galaxy has not confirmed the details surrounding the transaction. Generally, a Bitcoin whale is defined as anyone holding at least 1,000 BTC, which is approximately $117 million at current prices. Even with this massive sale, Bitcoin's price dipped only 1% in the following day, remaining relatively stable in the week after the transaction. The leading cryptocurrency traded around $117,274, about 5% lower than its all-time high. Despite the sale, demand for Bitcoin among large holders seems to be resilient, with researchers indicating that whales continue to seek more BTC even at these price levels.

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