In a stunning development that has sent ripples through the cryptocurrency market, a Satoshi-era Bitcoin whale has offloaded its entire remaining 40,192 BTC, valued at $4.83 billion, to Galaxy Digital within the past six hours.
This move, detailed in a recent post by @spotonchain on X, marks the culmination of a massive sell-off, with the whale unloading a total of 80,202 BTC—amounting to $9.54 billion—over just three days. The average sale price of $118,950 reflects the whale’s strategic timing near Bitcoin’s all-time highs.
These Bitcoins, acquired between 2009 and 2011 at prices ranging from $0.78 to $3.37, represent an extraordinary 140,058x return on investment. The whale’s decision to cash out follows a pattern of dormant Satoshi-era holdings resurfacing, as noted in earlier @spotonchain reports. On July 4, 2025, a single whale transferred 10,000 BTC after 14.3 years, while July 15 saw 80,000 BTC moved across eight wallets, signaling a broader trend of long-term holders liquidating.
Market analysts suggest this sell-off highlights the growing capacity of institutional players like Galaxy Digital to absorb large OTC (over-the-counter) transactions without denting Bitcoin’s spot price. CoinDesk reported, that another whale sold 9,000 BTC, reinforcing this institutional absorption trend. Current data from Yahoo Finance shows Bitcoin trading at $118,492, a slight dip from its peak, indicating the whale capitalized on robust market conditions.
The question now is whether more Satoshi-era whales will follow suit. With Bitcoin’s price stability holding despite these massive movements, the market appears resilient.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. CoinCryptoNewz is not responsible for any losses incurred. Readers should do their own research before making financial decisions.
