A significant event in the cryptocurrency world occurred as a Satoshi-era whale offloaded assets worth $9.54 billion in just three days. This move has drawn attention from both analysts and investors.
Whale's Bitcoin Sale
The recent deal involved a Satoshi-era whale selling 40,192 BTC for $4.83 billion to Galaxy Digital. According to reports from @spotonchain, this sell-off concluded a massive process where the whale offloaded a total of 80,202 BTC within three days.
Awaited Sell-Off Trend
Whales that have held Bitcoin for over 14 years are beginning to liquidate their assets, marking a trend of sell-offs. For instance, on July 4, 2025, one whale transferred 10,000 BTC, while on July 15, 80,000 BTC was moved across eight wallets.
Market and Future of Satoshi Era
The market has shown resilience to these large sell-offs. Analysts note that institutional players like Galaxy Digital have the capacity to absorb large OTC transactions without impacting Bitcoin's price drastically.
The open question is whether more whales will follow suit. The cryptocurrency market appears resilient despite large movements of capital.