{"id":25600,"date":"2025-07-26T10:27:29","date_gmt":"2025-07-26T07:27:29","guid":{"rendered":"https:\/\/forklog.com\/en\/galaxy-confirms-sale-of-80000-satoshi-era-bitcoins\/"},"modified":"2025-07-26T10:27:29","modified_gmt":"2025-07-26T07:27:29","slug":"galaxy-confirms-sale-of-80000-satoshi-era-bitcoins","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/galaxy-confirms-sale-of-80000-satoshi-era-bitcoins\/","title":{"rendered":"Galaxy Confirms Sale of 80,000 Satoshi-Era Bitcoins"},"content":{"rendered":"

An early investor has sold over 80,000 BTC through the digital asset management company Galaxy Digital. The firm described<\/a> the transaction as one of the largest by notional value in Bitcoin’s history.<\/p>\n

According to the statement, the sale of coins worth more than $9 billion was “part of a broader client strategy for estate planning.” The firm did not disclose further details.<\/p>\n

On July 4, the cryptocurrency owner moved 80,009 BTC for the first time in 14 years from eight wallets<\/a>. The coins had been sent to these addresses in April-May 2011.<\/p>\n

The transactions caught the community’s attention and sparked debates about the owner’s identity. Speculations included Roger Ver, the CIA, and Bitcoin’s creator Satoshi Nakamoto.<\/p>\n

As analysts tracked the subsequent movement of assets, they discovered<\/a> their arrival in wallets associated with Galaxy. On July 25, amid large transfers by the company to exchanges, the price of digital gold dipped to $115,000<\/a>.<\/p>\n

At the time of writing, prices had recovered to around $117,300.<\/p>\n

\"BTCUSD_2025-07-26_09-57-36\"
15-minute BTC\/USD chart from Binance. Data: TradingView<\/a>.<\/figcaption><\/figure>\n

Analyst and author of the book Bitcoin Hard Money, Jason Williams, noted<\/a> that the “market fully absorbed” the massive sell-off. In his view, this indicates the cryptocurrency’s readiness to continue its growth.<\/p>\n

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“80,000 BTC over $9 billion were sold through open market order books, and Bitcoin’s price barely changed,” stated Joe Consorti from Theya.<\/p>\n<\/blockquote>\n

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80,000 BTC, over $9 billion, was sold into open market order books, and bitcoin barely moved.<\/p>\n

That’s the story. pic.twitter.com\/dpzgGiaWpf<\/a><\/p>\n

\u2014 Joe Consorti \u26a1\ufe0f (@JoeConsorti) July 25, 2025<\/a><\/p><\/blockquote>\n