Galaxy, an institutional crypto firm, announced it conducted a massive sale of over 80,000 Bitcoin, valued at approximately $9.3 billion, on behalf of a Satoshi-era investor. This transaction is noted as one of the largest in crypto history, marking a significant exit from the market for a long-term holder. The Bitcoin whale, who awakened after 14 years, moved these coins earlier this month, raising eyebrows in the crypto community. Blockchain analysts have linked this sale to an early Bitcoin wallet service, MyBitcoin.com, which ceased operations in 2011 after a hack. Though Galaxy declined to provide further comments, the event exemplifies the potential selling pressure that can occur when big players in the market decide to cash out. Despite this notable sale, Bitcoin's price experienced only a slight dip of about 1% over the following days, remaining stable at approximately $117,274, close to its all-time high.

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