Early Bitcoin Investor Sells 80,000 BTC via Galaxy Digital
An early Bitcoin investor sold 80,000 BTC through Galaxy Digital, marking one of the largest transactions in crypto history. The sale's date and execution price remain undisclosed. Galaxy Digital confirmed the transaction's authenticity but did not reveal the client's identity, stating it was part of a real estate planning strategy. The announcement coincided with Bitcoin's price volatility, which dipped below $115,000 before rebounding to above $117,300. Data indicated that nearly 30,000 BTC were transferred to exchanges on the same day. Analysts noted that the market fully absorbed the sale without significant price movement, suggesting potential for future price increases. Bitcoin has surged this year, reaching an all-time high above $123,000 due to strong ETF inflows and growing corporate adoption.
