It was confirmed by Galaxy that they have sold 80k Bitcoin from a Satoshi era investor.
https://www.prnewswire.com/news-releases/galaxy-executes-one-of-the-largest-notional-bitcoin-transactions-ever-302514123.html
Recently, blockchain analytics have reported about this and everyone is speculating as who is this person. And even Satoshi himself was considered at one point although we all know that he won't be touching any of his Bitcoin for good.
https://x.com/arkham/status/1941186502488359409
And it's worth mentioning that the price didn't move that much in a negative way, we're still at $117k. Can't blame that investor though, it was said that the individual is sold it for broader estate planning strategy.
So $80k worth of Bitcoin is in the market and for sure everyone wanted to scope some of that. And probably this is the classic definition of a diamond hand as he has been holding and accumulating throughout the years.
https://www.prnewswire.com/news-releases/galaxy-executes-one-of-the-largest-notional-bitcoin-transactions-ever-302514123.html
Recently, blockchain analytics have reported about this and everyone is speculating as who is this person. And even Satoshi himself was considered at one point although we all know that he won't be touching any of his Bitcoin for good.
https://x.com/arkham/status/1941186502488359409
And it's worth mentioning that the price didn't move that much in a negative way, we're still at $117k. Can't blame that investor though, it was said that the individual is sold it for broader estate planning strategy.
So $80k worth of Bitcoin is in the market and for sure everyone wanted to scope some of that. And probably this is the classic definition of a diamond hand as he has been holding and accumulating throughout the years.