One of the Biggest Bitcoin Whales in History Just Cashed Out $9 Billion
A significant Bitcoin sale occurred on July 25, 2025, where institutional crypto firm Galaxy announced the sale of over 80,000 Bitcoin, valued at over $9.3 billion, for a Satoshi-era investor. This event is considered one of the largest Bitcoin transactions in the history of cryptocurrency. The investor had held the coins for 14 years and moved them at the beginning of the month. Blockchain analysts confirmed that the sales were linked to one of the earliest wallets associated with MyBitcoin.com, which closed in 2011 after a hack. Despite the massive exit from the market, Bitcoin's price remained stable, dipping by just 1% that day. The price of Bitcoin was trading at around $117,274, close to its all-time high of $122,838. The analyst stated that while these large movements typically indicate future selling pressure, this particular sale did not significantly impact the price of Bitcoin as anticipated.
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