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Galaxy Digital Breaks Record With $9 Billion Bitcoin Sale For Estate Planning
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10 Articles
Galaxy Quietly Executes a $9.6 Billion Bitcoin Sale, And the Market Barely Blinked
In what might go down as one of the largest BTC sales in crypto history, Galaxy Digital just helped move over 80,000 Bitcoin, worth more than $9.6 billion,on behalf of a Satoshi-era whale. No slippage. No liquidations. No panic. Just a flawless off-exchange execution that showcased the new face of crypto market maturity. A Whale From the Early Days These weren’t just any coins. They belonged to one of Bitcoin’s earliest miners, someone who accum…
Tesla's Bitcoin Fumble: How Selling Too Early Cost Them Big - Wall Street Pit
Tesla’s (TSLA) sale of 33,480 BTC in 2021 and 2022 resulted in missed gains of over $3.5 billion, as Bitcoin’s (BTC-USD) price surged to $118,107.99, valuing its original 43,200 BTC at $5 billion. The company’s 2022 sale of 29,160 BTC at $20,000 was poorly timed, coinciding with a market low, while…
Bitcoinist
Galaxy Digital Breaks Record With $9 Billion Bitcoin Sale For Estate Planning
Bitcoin has experienced massive volatility following confirmation that Galaxy Digital executed the sale of 80,000 BTC on behalf of a long-term client. The firm’s July 25 press release revealed that the transaction, one of the largest notional Bitcoin sales in history, was successfully completed and immediately shook the market. The news quickly spread across the crypto space, triggering speculation and sharp price fluctuations. At its peak, Bitc…
A long-inactive Bitcoin portfolio of the Satoshi era has caused shock waves in the crypto market after selling 80 000 BTC, the sale being facilitated by the asset management company Galaxy Digital. This sale is one of the largest crypto transactions ever made, while the market has recorded modest volatility during the trading session. The Satoshi Whales sell 9 billion in BTC: The market remains imperturbable has appeared first on Cointribune.
Early Bitcoin investor makes huge profit; Sold 80,000 tokens
One of the early bitcoin owners surprised the market by selling as much as 80,000 BTC, which caused a storm in the cryptocurrency world. The value of the asset is estimated at more than $9 billion. Although the identity of the seller was not disclosed, the transaction was carried out through the well-known firm Galaxy Digital, which called the sale one of the largest nominal transactions in crypto history. According to Cointelegraph, the value o…
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