$9 Billion Bitcoin Sale Sends Shockwaves, But Bulls Still Roar
So here’s the kicker—Galaxy Digital, a major player in the crypto investment space, revealed it had executed one of the largest Bitcoin transactions in crypto history. They sold around 80,000 bitcoins , worth over $9 billion , on behalf of an anonymous client. And get this—the client had been holding these coins since the early days of Bitcoin, all the way back before Satoshi Nakamoto , the mysterious creator of Bitcoin, disappeared.
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That kind of sale could’ve easily crashed the market. I mean, $9 billion dumped in one go? But surprisingly, it didn’t. Bitcoin barely flinched. In fact, it’s still hovering around $117,000 , and traders are seeing this not as a bearish signal, but as a sign of strength.
Crypto analyst Nic Puckrin put it best when he said, “80,000 bitcoin were sold and we’re still just chillin’ at $117K.” That kind of resilience is what’s keeping investor sentiment high. Another expert, John Glover, predicted that after a brief correction down to around $120,000, we could see Bitcoin rally again, possibly climbing up toward $136K or even $142K by year-end.
Meanwhile, Mike Novogratz—the billionaire behind Galaxy Digital—even after facilitating this massive sale, is still bullish. He said if President Trump keeps pressuring the Fed to cut interest rates, Bitcoin could continue its upward trend, possibly hitting $150,000 .
And there's more big-picture momentum too. Dan Tapiero, another veteran investor, just launched a $500 million fund called “50T,” and he’s now projecting the entire crypto space—tokens, companies, everything—could be worth $50 trillion over the next decade. That’s up from his original prediction of $10 trillion. So he’s basically saying, “Look, we’re only in the early innings of a massive transformation.”
Bottom line? What looked like a scary sell-off at first might actually be a huge turning point—one that shows how much stronger and more mature the Bitcoin market has become. We’re seeing old money finally moving, big investors doubling down, and the long-term outlook getting more ambitious than ever.
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