🚨 Galaxy Digital Sells $9 Billion in Bitcoin—For a Will?! Market Shaken by 80,000 BTC Exit
💣 One of the largest Bitcoin transactions in crypto history just happened—and the market is reeling.
🔥 Summary:
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Galaxy Digital confirmed a $9 billion sale of over 80,000 BTC.
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The seller? A Satoshi-era investor managing a long-term estate plan (a will).
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Bitcoin dropped from $123,000 to around $117,400, breaking key support levels.
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Experts are now split—Was this healthy profit-taking or a sign of a peak?
🏦 The Shocking Sale: 80,000 BTC Liquidated by Galaxy Digital
On July 25, Galaxy Digital—the crypto financial services giant led by Mike Novogratz—publicly confirmed what may be one of the largest notional Bitcoin sales ever executed.
According to their official press release, the firm facilitated the sale of 80,000 BTC (worth $9.3 billion at the time of execution) on behalf of a Satoshi-era investor—an individual who had held Bitcoin for over a decade.
🧾 The twist? This wasn’t a hedge fund or panic sell—it was part of a long-term estate planning move. That’s right, the transaction was made as part of a will.
📉 Price Reaction: Did the Whale Break the Bull Run?
Soon after the news hit X (formerly Twitter) and Reddit, Bitcoin's price plunged from its recent high of $123,000 to around $117,407, briefly breaking below the $115,724 support zone.
Charts now show Bitcoin is flirting with key technical levels, as traders try to determine if the dip is a healthy retracement or the beginning of something more ominous.
| Metric | Value (as of July 24–25) |
|---|---|
| BTC High Before News | $123,000 |
| Current BTC Price | ~$117,400 |
| Support Tested | $115,724 |
| Resistance Holding Line | $122,077 |
🤔 Community Reaction: Profit-Taking or Peak Distribution?
Market experts and influencers are divided on the implications:
🟢 Bullish Take
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Early holders deserve to take profits after riding multiple market cycles.
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The market has enough liquidity and institutional interest to absorb such a large sell-off.
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Galaxy managed the trade without slippage, showing strong demand even at $120K+ levels.
“It’s bullish when the market absorbs $9B like a sponge,” said @CryptoPhoenix on X.
🔴 Bearish View
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The timing near $123K could indicate a local top—and a warning to others.
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If other legacy whales follow, Bitcoin could face sustained downward pressure.
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The psychological impact of such a large dump may unsettle the market for weeks.
🧠 Why This Matters
This sale has triggered questions across the market:
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Will other Satoshi-era wallets start moving coins?
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Are institutional buyers still stepping in at these levels?
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Is $123K the top—or just a milestone in the bigger cycle?
We’ve seen the market digest large inflows before, but a $9B+ exit in a single transaction is rare, especially at a critical stage in Bitcoin’s current bull cycle.
🔍 What Happens Next for BTC?
Bitcoin’s next few moves will likely depend on:
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Technical support zones holding around $115,000–$117,000.
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Institutional inflows through ETFs or large wallets absorbing pressure.
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Retail sentiment, which remains cautiously optimistic but shaken.
The crypto community will be watching closely to see if BTC reclaims $120K or begins a deeper correction.
📚 Sources:
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Galaxy Digital Official Statement: galaxydigital.io/news
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BTC Price Data: CoinMarketCap, TradingView
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Market Analysis: Crypto Twitter, Reddit r/CryptoCurrency threads
🏁 Final Thoughts
Whether this was a strategic estate transfer or a signal of early-bird exit, one thing is certain:
$9 billion worth of Bitcoin doesn’t move without shaking the entire ocean.
The market has shown resilience before. But with volatility spiking and sentiment split, Bitcoin’s next move could be one of the most watched in 2025 so far.
