One of the major early investors in digital Bitcoin, known as "whales," executed a massive sale that included selling 80,000 Bitcoins, valued at around 9 billion dollars.
According to revelations from Galaxy Digital, the transaction was executed on behalf of an investor from the early Bitcoin era, believed to be one of those who interacted with the currency during the period of Satoshi Nakamoto, the unknown founder.
Data from the Lookonchain platform showed that this investor transferred approximately 80,009 Bitcoins from a dormant wallet for years, during the period from July 16 to 17, which were later sent to Galaxy, who oversaw the sale process.
This transaction is among the largest deals executed in the history of digital currencies, in terms of both volume and value, although Galaxy did not disclose the exact timing of the sale.
Galaxy Digital announced the sale of 80,000 Bitcoins through a post on its official blog, without revealing the identity of the client, merely indicating that this transaction was part of the investor's broad estate planning strategy.
Lookonchain analyses suggest that Galaxy sent about 30,000 Bitcoins to exchanges throughout the day as part of executing the deal.
This move highlights the growing impact of Galaxy Digital in the digital asset sector, especially as it expands its presence in areas related to artificial intelligence and cryptocurrency services, reinforcing its position as a major driver in the global digital market.
