Institutional crypto firm Galaxy reported a $9 billion sale of over 80,000 Bitcoin, marking one of the largest transactions in crypto history for a Satoshi-era investor. The coins, which had been held for 14 years, were moved by a mysterious Bitcoin whale earlier this month, surprising crypto analysts. Evidence suggests the coins originated from an early Bitcoin wallet service that ceased operations in 2011 after a hacking incident. Galaxy declined to provide additional comment but blockchain data indicates that the sold coins were transferred to Galaxy's addresses. Typically, a Bitcoin whale is defined as an entity holding at least 1,000 BTC. Despite this massive sale, Bitcoin's price only dipped slightly, remaining around $117,274, which is nearly 5% below its all-time high. This incident highlights not only the significant exits of early investors from the market but also ongoing strong demand from Bitcoin whales, as more are looking to accumulate further despite historical selloffs.

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