Galaxy, a prominent institutional crypto firm, disclosed it facilitated the sale of over 80,000 Bitcoin worth more than $9.3 billion for an investor who had held the coins for 14 years. This marked one of the largest Bitcoin transactions in history. The whale's actions followed movements of these coins earlier in the month, causing intrigue in the crypto community. Blockchain experts suggested the coins originated from an early Bitcoin wallet service, MyBitcoin.com, which had been compromised in 2011. It was noted that while a Bitcoin whale typically holds at least 1,000 BTC, these large holders often include companies rather than individual investors. Following the sale, Bitcoin's price dipped slightly but remained stable around $117,274, reflecting resilient market conditions despite the significant sell-off. The activity underscores persistent demand from Bitcoin whales, who continue to seek more of the cryptocurrency, further signaling ongoing market interest and volatility.

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