Post
Topic
Board Bitcoin Discussion
Re: 14 years activating 80,000 BTC?
by
dumpsterhawk
on 28/07/2025, 14:30:54 UTC


I wonder if we will ever find out eventually who it was?
That whale sold 80kBTC through Galaxy Digital, meaning Galaxy has all the details about that whale's identity. Because they are a New York based financial company, they comply with legal regulations such as AML. They will not help someone sell bitcoins if they do not know the origin of those bitcoins and the identity of the owner. So I believe we have a chance of knowing the identity of that whale, which will be revealed at some point in the more distant future, not now.
You understand that it is illegal for them to disclose this information directly or indirectly? Depending on the jusridiction and applicable laws this could get them a very big punishment. As I said we should not find out.

By the way, I also believe this is the reason why bitcoin price corrected to $115,000 last week.
One has nothing to do with the other, that's just baseless speculation.