Galaxy sale of $ 9 billion from BTC associated with Mybitco STASH penetration star-news.press/wp

Galaxy Digital has revealed the sale of more than 80,000 Bitcoin-more than $ 9 billion-on behalf of a long-term investor.

The deal, which was unveiled on July 25, is one of the largest treatment ever performed in Bitcoin’s history.

Analysts follow the sale of 9 billion dollars Galaxy from BTC for the early Mybitcoo era portfolio

According to Galaxy, Bitcoin belonged to an unveiled agent, which was acquired during the first days of Bitcoin and grabbed coins for more than a decade.

The company described this step as part of the customer’s real estate planning, which hints to a strategic decision to achieve gains after years of keeping it.

It is worth noting that Galaxy also released the series, using the OP_RUTURN field to include the message in the identification data.

The treatment included 1 satoshi – the smallest unit of Pitcoin – sent to each recipient address. This symbolic action acquired the Blockchain analytical attention.

“If the press statement is not on the series, did this really happen? This deal is funded by 80,000 SAT from the title of Galaxy Digital, and he pays 1 sitting of dust for each of the titles involved in selling 80,000 BTC,” He said.

After disclosing, Blockchain investigators follow metal currencies to the addresses associated with Mybitcoin, one of the first Bitcoin Wallet services. The platform was closed in 2011 after a notorious penetration, leaving many non -calculated metal currencies.

The CEO of Cryptoquant Ki Young JU indicated that the governor has been asleep since April 2011, before the platform collapsed. This speculation was fueled about the identity of the seller.

“It is likely to belong to the infiltrator or anonymous founder known as Tom Williams. It seems that Galaxy Digital bought #Bitcoin from them, but I am not sure whether they are doing any forensic medicine,” Add.

Meanwhile, the market analysts also questioned the strategy behind the emptying of such a large amount in one treatment.

Eric Balunas suggested from Bloomberg that the size of the sale of bitcoin would have caused a significant slide. He added that the insistence behind this step raised important questions about the seller’s motive.

“Did they lose their belief that they want to take a lot of money quickly? Unless they plan to buy La Lakers in cash, it seems strange/until it is related” interrogation.

However, Eliezer Ndinga suggested from 21shares that if Galaxy facilitates the treatment, it is likely to do strict Kyc tests, which reduces the chances of the seller was an unlimited bad actor.

“It is a behavior closer to the infiltrator, but if this amount is addressed by Galaxy, you assumed that they have a strict Kyc process to enable the transaction through it.” He said.

Other market observers praised the rapid recovery of Bitcoin from the sale. They pointed out that the recovery reflects its increasing maturity as an independent asset layer.

As of the time of the press, BTC is trading more than $ 117,000, a noticeable transformation of a digital origin that has decreased to the lowest level in less than $ 115,000 in the sale.