An early adopter of Bitcoin has sold a staggering 80,000 BTC — valued at over $9 billion — through Galaxy Digital, marking one of the largest known crypto transactions to date. While the timing and price details remain undisclosed, Galaxy confirmed the sale in a press release and a subsequent blog update late Friday.
Though the identity of the investor was not revealed, Galaxy noted the move was part of a broader real estate planning strategy.
The transaction coincided with a turbulent day for Bitcoin, which saw prices briefly dip under $115,000. According to on-chain analytics from Lookonchain, Galaxy was behind several large transfers totaling nearly 30,000 BTC during the day, much of which was routed to exchanges.
These transfers trace back to a previously inactive wallet that moved 80,009 BTC earlier this month — assets that Lookonchain linked to the recent Galaxy deal.
Despite the sheer size of the sale, market impact was minimal. Bitcoin briefly dropped around 4% before quickly rebounding above $117,000.
Crypto analyst Jason Williams commented that the market “absorbed the full sale,” hinting at strong demand and underlying bullish momentum. Joe Consorti of Bitcoin custody firm Theya added: “80,000 BTC sold into open market order books, and price barely flinched.”
Bitcoin has seen strong upward momentum throughout the year, reaching a new all-time high above $123,000, boosted by ETF inflows, corporate adoption, and improving U.S. regulatory sentiment.
Download the FREE Bitcoin Mining eBook
Kickstart your mining journey with essential insights:
https://bitmernmining.com/landing-page-ebook-download/
For more news, find me on Twitter Giannis Andreou and subscribe to My channels Youtube and Rumble
What is your opinion on this particular topic? Leave us your comment below! We are always interested in your opinion!
