Galaxy, an institutional crypto firm, announced it sold over 80,000 Bitcoin—valued at more than $9.3 billion—for a Satoshi-era investor, marking one of the largest Bitcoin transactions ever. This whale had not moved their assets for 14 years, raising questions among analysts about the recent active status of the investor. Blockchain data indicated that the coins sold through Galaxy were from the same whale who had recently moved them for sale. Reports suggest the coins originated from an early Bitcoin wallet service, MyBitcoin.com, which closed after a hack in 2011. Despite this significant sale, Bitcoin's price only dipped 1% and remained relatively stable at $117,274, considerably below its all-time high of $122,838. The influence of whales on the market, which often evokes selling pressure, remains a prominent consideration in the crypto landscape.

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