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Galaxy Digital Finalizes $9.3 Billion Sale of 80,000 Satoshi-Era Bitcoins

This record sale highlights the growing role of institutional intermediaries in managing legacy crypto holdings.

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Galaxy digital sells $9b in vintage bitcoin without rocking the market
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Overview

  • Galaxy Digital announced on July 25 that it executed the sale for an anonymous Satoshi-era wallet, moving 80,000 BTC valued at over $9.3 billion.
  • Blockchain analyst JA_Maartun confirmed the transfers originated from a single early adopter who had held the coins for 14 years before reactivating the wallet in early July.
  • The firm described the transaction as one of the earliest and most significant exits from the digital asset market on behalf of a private client.
  • Data from CryptoQuant showed more than 32,000 BTC flowed to exchanges in a short period, coinciding with a temporary drop in Bitcoin’s price to around $115,000.
  • Following the deal’s completion, Bitcoin’s price rebounded above $117,000, indicating market resilience after large-scale block trades.