Galaxy Digital Offloads $9 Billion in Bitcoin Without Triggering a Crash

Key Takeaways:

• Galaxy Digital has completed even handed one of many biggest Bitcoin transactions in history, promoting over 80,000 BTC worth $9 billion.
• The BTC came from a Satoshi-generation whale, an early investor preserving cash untouched since 2011.
• No topic the massive scale, Bitcoin’s designate remained steady, signaling market maturity and sturdy institutional interrogate.

Galaxy Digital has confirmed the sale of over 80,000 Bitcoin, valued at over $9 billion, on behalf of a mysterious early Bitcoin holder. The transaction marks a rare awakening of dormant BTC from the Satoshi generation and demonstrates how a long way the crypto market has advanced close to liquidity, steadiness, and institutional sophistication.

Let’s dive into the facts of this ancient crypto moment.

Read Extra: Galaxy Raises $175M to Supercharge Early-Stage Crypto Startups Amid Market Headwinds

Galaxy Digital’s $9 Billion BTC Transaction Shocks nonetheless Doesn’t Shake the Market

On July 25, 2025, Galaxy Digital (NASDAQ/TSX: GLXY) announced the completion of even handed one of many biggest notional Bitcoin transactions ever recorded. Appearing on behalf of a shopper, the firm facilitated the sale of over 80,000 BTC, linked to a pockets final active in 2011.

Based fully fully on the company’s press unlock, this transaction became once segment of a broader estate planning strategy by the unidentified client, even handed one of many earliest Bitcoin investors in existence.

What’s unparalleled isn’t excellent the scale of the deal nonetheless that it took place with out sending shockwaves by technique of the market.

Read Extra: Satoshi-Era Whale Awakens: $1B in Bitcoin Moved to Galaxy Digital After 14 Years

The Market’s Serene Response

Typically, this construct of tall sale, in explicit, the pockets is identified as a whale would motive dismay of a collapsed market and lead to a promote-off within the runt holders. On the different hand, even supposing over 9 billion dollars were flushed by technique of BTC, the cryptocurrency fell by merely ~1% and traded sideways over the week closing at ~$117274.

Right here’s remarkable given the ancient precedent:

• In previous years, colossal Bitcoin moves from dormant wallets have led to double-digit share drops.
• On this case, Galaxy completed the deal by technique of over-the-counter (OTC) mechanisms, warding off say beginning-market dumping.

Market observers were like a flash to designate that the liquidity and interrogate for Bitcoin appear sturdy enough to soak up even decade-ragged whale movements.

Who Modified into once the Whale?

While Galaxy declined to name the investor, on-chain analysts have pieced together compelling proof:

Blockchain Forensics Say Clues

• The BTC in interrogate came from wallets created between April and May maybe possible well well 2011, with zero motion for 14 years.
• On-chain analyst JA_Maartun confirmed that the addresses linked to the transaction matched people that moved 80,000 BTC earlier this month.
• CryptoQuant’s CEO Ki Young Ju urged the funds also can have originated from MyBitcoin.com, a now-defunct Bitcoin pockets carrier that shut down in 2011 following a hack.

It is unknown whether the unique pockets creator became once recuperating misplaced cash, or whether an early miner became once cashing out. However the timing, silence and structure of the deal point out extra a extremely, very gentle, affected person, prolonged-term operator making an supposed exit thought as adversarial to a market dismay.

Whales Are Awakening nonetheless So Is Search data from

This isn’t an isolated case. Details from CryptoQuant finds that whale state has surged in most contemporary months, with early holders an increasing model of searching to fancy gains, some after a decade of impart of being inactive.

On the the same time, interrogate from contemporary whales in conjunction with ETFs and institutional custodians, continues to grow.

Whale Search data from Is at All-Time Highs

• Whale addresses preserving 1,000+ BTC (worth over $117 million) are growing progressively.
• No topic occasional profit-taking, combination whale holdings have reached story highs, indicating renewed accumulation.
• Most modern compare means that Bitcoin ETFs alone absorbed over 11,000 BTC within the previous 30 days, countering any promoting pressure.

What’s Next? Extra Authorities and Legacy Sales Incoming

The Galaxy transaction isn’t the supreme critical BTC supply account.

The UK authorities reportedly plans to offload over 61,000 BTC, worth roughly $7.18 billion, tied to prison seizures. But even this race isn’t expected to rattle the market vastly.

Why?

• Market watchers wait for that the authorities will use structured gross sales, possible by technique of platforms fancy Galaxy or Coinbase Top.
• Institutions are an increasing model of nice looking investors for easy, seized Bitcoin at fine market worth.