According to ChainCatcher and CoinTelegraph, an early Bitcoin investor sold 80,000 BTC through Galaxy Digital, with a total value of $9 billion, which is considered one of the largest transactions in cryptocurrency history. Although the specific date and execution price were not disclosed, Galaxy Digital confirmed the authenticity of the transaction, stating that it was part of the investor's "broader real estate planning strategy".
Despite a brief 4% drop in Bitcoin on the day of the transaction, it quickly rebounded and is currently trading above $117,300. Analysts note that the market has fully absorbed this massive transaction and Bitcoin prices are expected to continue rising.
