Institutional crypto firm Galaxy announced that it facilitated the sale of over 80,000 Bitcoin, valued at approximately $9.3 billion, for a Satoshi-era investor. This transaction is noted as one of the largest in cryptocurrency history, marking a significant exit from the market for an early investor. The Bitcoin whale, who moved the coins after holding them for 14 years, had their transactions tracked by blockchain analysts who confirmed the coins were sold through Galaxy. Reports suggest that these coins originated from an early Bitcoin wallet service, MyBitcoin.com, which ceased operations after a hack in 2011. Bitcoin whales, defined as entities holding 1,000 BTC or more, are believed to influence the market when they sell significant amounts of their holdings. Despite the massive sale, Bitcoin's price saw only a minor dip, reflecting a relatively stable market response to the news of this whale transaction.

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