Bitcoin News Today: Galaxy Digital Facilitates $9.7B BTC Sale, Bitcoin Rebounds to $117k After 2.2% Dip

An early Bitcoin investor has sold 80,000 BTC through Galaxy Digital, marking one of the largest single-asset transactions in cryptocurrency history. The sale, executed over two tranches of 40,000 BTC on July 15 and July 18, 2025, totaled approximately $9.7 billion in value, yet Bitcoin’s price remained relatively stable, briefly dipping below $115,000 before recovering to intraday highs of $117,992.02 by July 25. Galaxy Digital confirmed the transaction but declined to disclose the client’s identity, emphasizing that the sale was part of a broader real estate planning strategy [1]. Blockchain analytics firm Lookonchain noted the BTC originated from a dormant wallet and was gradually distributed via exchanges, suggesting a deliberate approach to mitigate market impact [1].

The transaction triggered immediate market volatility. On July 16, Bitcoin surged to $117,000 as traders interpreted the sale as a sign of confidence in the asset’s value. However, this optimism reversed rapidly. By July 18, the cryptocurrency fell below $114,600 amid widespread distribution of BTC to exchanges, coinciding with over $500 million in leveraged position liquidations [2]. Analysts attributed the selloff to panic-driven trading, with Galaxy Digital reportedly liquidating an additional 10,000 BTC linked to the same wallet, pushing prices to intraday lows of $114,750 [3]. Despite these fluctuations, Bitcoin’s resilience—supported by strong institutional demand and liquidity—prevented prolonged price instability. Jason Williams, a Bitcoin analyst, observed that the market had “fully absorbed” the sale, signaling maturation in crypto markets where large transactions no longer trigger excessive volatility [1].

The implications of this transaction extend beyond price dynamics. Institutional adoption of Bitcoin has accelerated, driven by exchange-traded fund (ETF) inflows, corporate treasury adoption, and regulatory clarity in the United States. Galaxy Digital’s role as an intermediary underscores the growing importance of professional services in managing large crypto portfolios, particularly for early investors seeking to integrate digital assets into traditional financial frameworks. The sale also highlights the challenges of executing massive trades in a market still grappling with scalability and depth, despite its expanding institutional footprint.

While the exact motivations of the investor remain undisclosed, the timing of the sale—during a period of broader economic uncertainty—suggests a strategic move to capitalize on Bitcoin’s elevated valuation. Critics, however, warn that such large-scale sales could exacerbate volatility and deter institutional participation if not managed carefully. The market’s ability to absorb this transaction without long-term damage reflects its evolving maturity, though ongoing monitoring of liquidity and investor behavior will be critical.

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[1] [Bitcoin News Today: Bitcoin surges to $117000 as Galaxy ...](https://www.ainvest.com/news/bitcoin-news-today-bitcoin-surges-117-000-galaxy-completes-9b-btc-sale-satoshi-era-investor-2507/)

[2] [Bitcoin strength index: historic collapse after Galaxy Digital ...](https://en.cryptonomist.ch/2025/07/25/bitcoin-strength-index-historic-collapse-after-galaxy-digital-sales/)

[3] [Bitcoin 'strength' index crashes as Galaxy Digital sales ...](https://www.tradingview.com/news/cointelegraph:52e5d38f7094b:0-bitcoin-strength-index-crashes-as-galaxy-digital-sales-liquidate-500m/)