$BTC Bitcoin whale from the Satoshi era sold 80,000 BTC

A client of Galaxy Digital made one of the largest bitcoin sales in the history of cryptocurrencies on record.

The bitcoin sale was made for 9 billion dollars.

Despite the large sale, the price of bitcoin remains stable.

Galaxy Digital, a company that offers institutional investments in digital assets, announced last night the successful execution of one of the largest detected bitcoin (BTC) transactions in the history of cryptocurrencies on behalf of a client.

In a statement, the company reported that it completed the sale of more than 80,000 BTC, valued at over 9 billion dollars (USD), for an investor from the Satoshi era.

The movement "represents one of the earliest and most significant exits from digital asset holdings," emphasized Galaxy Digital.

According to the report, the transaction was part of this long-time investor's broader estate planning strategy in the market.

Although the firm did not share on-chain data to verify the transaction, it did not reveal the identity of the investor, nor when they acquired such possession and made the sale, a message shared by the research firm Lookonchain last week warned of this possible operation on the way.

"The Bitcoin OG with 80,009 BTC (USD 9.4 billion) seems to be selling! In the last hour, they transferred 9,000 BTC (USD 1.06 billion) to Galaxy Digital, likely preparing to sell through its services," Lookonchain noted at the time, according to on-chain data seen in Intel Arkm. #BTC