In July 2025, an anonymous investor from the Satoshi era sold a significant amount of Bitcoin through Galaxy Digital, sparking widespread discussions about trust in the cryptocurrency.
Overview of the Transaction
An anonymous Satoshi-era investor sold 80,000 BTC valued at over $9 billion through Galaxy Digital. The transaction took place in July 2025 and was part of the investor's estate planning strategy. Mike Novogratz, CEO of Galaxy Digital, confirmed that this step strengthens institutional ties within the crypto industry.
Market Reaction
Despite the scale of the sale, the impact on the market was minimal, with BTC prices stabilizing above $117,000 immediately after the transaction. This indicates strong market liquidity and growing institutional interest in Bitcoin holdings.
Discussion and Conclusions
The community expressed concerns about early investors' confidence in Bitcoin, despite the successful sale. Analysts such as Ki Young Ju noted that "old whales sell to new long-term whales," highlighting the shifting dynamics in the market. Given the current landscape, new opportunities for investment in cryptocurrency are becoming increasingly accessible.
The sale of 80,000 BTC highlights the volatility and dynamism of the cryptocurrency market, as well as raises questions about the future confidence among early Bitcoin investors.
