๐ What Happened:
Galaxy Digital just sold over 80,000 Bitcoin (worth $9 billion) on behalf of an early Bitcoin investor (from 2011).
These are "Satoshi-era" coins, untouched for over a decade โ extremely rare and valuable in the crypto world.
The sale was part of the investorโs estate planning, not a panic dump.
๐ก Why It Matters:
Normally, when a whale sells this much BTC, the market drops hard due to fear and selling pressure.
Surprise: This time, Bitcoin only dipped slightly, showing strong market absorption and demand.
Despite the size of the sale, the price held steady near $117,000, proving the market is more mature and liquid now.
๐ง What Analysts Are Saying:
This shows that Bitcoinโs fundamentals are stronger than ever.
Even with $9B in supply hitting the market, buyers stepped in to scoop it up โ bullish signal.
Compare this to the U.K. preparing to sell 61,000 BTC (worth ~$7.2B) โ the market may now be ready for large-scale liquidations without collapsing.
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๐งญ What It Means for You:
If Bitcoin can handle $9B in selling, that builds confidence in long-term holding.
Institutional buyers may have helped absorb this supply โ a sign theyโre still active behind the scenes.
This gives strength to the $115Kโ$117K support zone, at least for now.
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๐ Bottom Line:
The biggest BTC dump of the year already happened โ and the market barely blinked.
If you were waiting for a crash to "buy the dip," the dip may have already been boughtโฆ by whales.
๐ What do you think โ bullish or bearish after this? #BTC #BitcoinNews #GalaxyDigital #WhaleSelloff #CryptoMarketUpdate #EstatePlanning #CryptoWhale s #BinanceSquare $BTC