Galaxy Digital announced the sale of over 80,000 Bitcoin, worth more than $9.3 billion, on behalf of a Satoshi-era whale, marking one of the largest transactions in crypto history. This significant sale is seen as one of the earliest major exits from the Bitcoin market by an investor who held the coins for 14 years. Blockchain analyst JA_Maartun confirmed that the coins were traced back to a single wallet that moved them to Galaxy, speculating that the coins originated from MyBitcoin.com, a service that closed after a hack in 2011. Bitcoin whales, defined as entities holding 1,000 BTC or more, often influence market prices when they sell their assets. Despite the massive exit, Bitcoin's price dipped only 1% within a day, trading around $117,274, nearly 5% below its all-time high. This event raises questions about the ongoing interest from institutional investors and the market's resilience to large-scale sell-offs.

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