Early Bitcoin Investor Sells 80,000 BTC at Galaxy Digital

Source
Suehyeon Lee

Summary

  • It was revealed that an early Bitcoin investor sold 80,000 BTC through Galaxy Digital.
  • Galaxy Digital explained that this major sale was part of the investor’s real estate asset strategy.
  • On that day, Bitcoin reportedly fell below the $115,000 level at one point due to the impact of the sale.

It has been confirmed that an early investor in Bitcoin (BTC) sold 80,000 BTC (worth approximately $9.3 billion).

According to Cointelegraph on the 26th (local time), Galaxy Digital announced the previous day that “a Bitcoin investor from the Satoshi era sold 80,000 BTC through Galaxy Digital,” describing it as “one of the largest nominal transactions in history.”

Although Galaxy Digital did not disclose the identity of the client who made the sale, it explained that this large-scale sale was part of the investor's real estate asset strategy.

The sale appears to have had a significant impact on the price of Bitcoin. On the previous day, Bitcoin briefly fell below the $115,000 level.

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Suehyeon Lee

shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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