25.07.2025 13:25

A significant event unfolded in the cryptocurrency market on Friday as a long-inactive Bitcoin wallet, dating back to the cryptocurrency's early days, initiated a massive transfer. Blockchain analytics firm Arkham Intelligence reported that approximately 30,000 Bitcoin, valued at roughly $3.5 billion at the time of transfer, were moved from this "Satoshi-era" wallet to centralized exchanges.

This substantial transaction represents a significant portion of the wallet's total holdings. Sources suggest the wallet, established in 2011, contains a staggering 80,201 BTC, currently worth over $9.36 billion. The ongoing liquidation indicates a deliberate strategy to convert the entire Bitcoin stash into fiat currency. The immense scale of this move has naturally sparked considerable speculation within the crypto community.


News reports, citing data from internet sources, highlight Galaxy Digital's involvement in facilitating this considerable transfer. Although the exact nature of their participation isn't fully disclosed, their involvement strongly suggests a coordinated effort to handle such a substantial volume of cryptocurrency. The implications of this large-scale sell-off remain unclear, but it undoubtedly represents a development with significant potential to influence market trends.