Galaxy Digital "Selling 80,000 BTC, Disposing of Initial Investor Amount"

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Recently, Galaxy Digital, which has been pointed out as the cause of BTC's short-term adjustment by selling 80,000 BTC (approximately $9 billion), announced on the 25th (local time) that the sale was made on behalf of an anonymous early BTC holder. Galaxy Digital published this fact by including a message in the Bitcoin transaction's metadata. Galaxy said, "This sale of 80,000 BTC is one of the largest Bitcoin transactions in history" and "It will be the most representative 'exit' case in the digital asset market by a Satoshi-era investor. This transaction was part of the investor's asset management strategy." Meanwhile, Joo Gi-young, CEO of CryptoQuant, said, "The 80,000 BTC volume came from a wallet hosted by MyBitcoin, a cryptocurrency platform closed in 2011 due to a hacking incident. The wallet had been dormant since April before MyBitcoin's closure in July 2011 and remained inactive for 14 years. Therefore, it is highly likely that this is the volume held by the MyBitcoin hacker or the anonymous MyBitcoin founder known as Tom Williams."

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