Bitcoin News Today: Satoshi-Era Whale Moves $4.83 Billion Bitcoin to Galaxy Digital

A significant event has unfolded in the cryptocurrency world as a Satoshi-era Bitcoin whale transferred a substantial amount of Bitcoin, valued at $4.83 billion, to Galaxy Digital. This transfer, which occurred over a span of six hours, has raised eyebrows and sparked discussions among crypto enthusiasts and analysts alike. The whale, known for holding Bitcoin from the early days of the cryptocurrency, moved a total of 40,192 BTC to Galaxy Digital, a prominent digital asset management firm. This transfer is notable not only for its size but also for the timing, as it comes at a period of heightened volatility and speculation in the crypto market. The move has led to various interpretations, with some suggesting it could be a sign of a major player preparing for a significant market move, while others see it as a strategic repositioning of assets. The transfer has also highlighted the influence of large holders, or whales, in the Bitcoin ecosystem, and their ability to impact market sentiment and prices.

This move, detailed in a recent post 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 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. Another whale sold 9,000 BTC, reinforcing this institutional absorption trend. Current data 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.