🚨 Galaxy Digital Executes Historic $9B Bitcoin Liquidation 🧱

An early Satoshi‑era investor has sold 80,000 BTC—worth over $9 billion—through Galaxy Digital as part of an estate‑planning strategy. This marks one of the largest single‑broker crypto transactions ever.

📉 The off‑load occurred over several days, with nearly 30,000 BTC moved to major exchanges, followed by $1.15B in USDT withdrawals. Despite efforts to minimize disruption, Bitcoin briefly fell below $115,000 before rebounding above $117,000.

🔍 Analysts suggest the market has largely absorbed the sale. Some even believe the dip may signal a local bottom, with upside potential toward $132,000. Ledn CIO John Glover highlighted a possible Elliott wave rally forming.

📊 On‑chain trackers like Lookonchain and Arkham identified the dormant whale as a 2011 investor who had held BTC for over a decade before initiating the move between July 16–18.

⚖️ This isn’t just about price swings—it reflects a turning point in institutional crypto maturity, as legacy holders begin exiting via sophisticated platforms like Galaxy.

---

✅ Key Takeaways:

80K BTC sold (~$9B) via Galaxy, one of crypto’s largest-ever liquidations.

The sale triggered a 3–4% price drop, bottoming near $115K, then recovered to ~$117K.

Analysts see this as a potential floor, with gains possible up to $132K.

The dormant whale had held since 2011, signaling rare long-term accumulation being cashed out.

Demonstrates increasing market depth

and institutional ability to absorb large block trades.#AmericaAIActionPlan #Binance $BTC #altcoins #Square