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ChainCatcher news, according to CoinTelegraph, an early Bitcoin investor sold 80,000 BTC through Galaxy Digital, with a total value reaching 9 billion USD, which is considered one of the largest transactions in cryptocurrency history. Although the specific date and execution price of the transaction were not disclosed, Galaxy Digital confirmed the authenticity of this transaction and stated that it is part of the investor's 'broader estate planning strategy'.
Despite a brief 4% drop in Bitcoin on the day of the transaction, it quickly rebounded and is currently trading above 117,300 USD. Analysts noted that the market has fully absorbed this massive transaction, and the price of Bitcoin is expected to rise further.
Despite a brief 4% drop in Bitcoin on the day of the transaction, it quickly rebounded and is currently trading above 117,300 USD. Analysts noted that the market has fully absorbed this massive transaction, and the price of Bitcoin is expected to rise further.
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