Share this article
Satoshi-Era Whale Sells 9K BTC for Over $1B as Bitcoin Dips Below $117K
Satoshi-era bitcoin whales are closely monitored by traders for market signals, particularly when the BTC in their wallets has not moved for years.
Updated Jul 15, 2025, 4:17 p.m. Published Jul 15, 2025, 11:11 a.m.
What to know:
- A whale with over 80,000 BTC sold a chunk of their holdings following bitcoin's ascent to an all-time high around $123,000.
- The user, who mined the bitcoin stash during the earliest days of cryptocurrency sold 9,000 BTC ($1.05 billion) via Galaxy Digital.
- Satoshi-era bitcoin whales are closely monitored by traders for market signals, particularly when the BTC in their wallets has not moved for a number of years.
A bitcoin whale holding more than 80,000 BTC sold a chunk their hoard following bitcoin's ascent to an all-time high around $123,000 on Monday.
The user, who mined the cryptocurrency during the earliest days of the industry — a period known as the Satoshi era after the pseudonymous bitcoin creator — sold 9,000 BTC ($1 billion) via Galaxy Digital, Lookonchain posted on X.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Users with particularly large amounts of BTC, known as whales, have the ability to move the market when they buy or sell bitcoin because of the substantial number of tokens involved.
Satoshi-era bitcoin whales are closely monitored by traders for market signals, particularly when the BTC in their wallets has not moved for a number of years.
The Satoshi era refers to a loose period of between 2009 and 2011 when bitcoin's pseudonymous creator, Satoshi Nakamoto, was active in the community and BTC was generally priced in cents.
The world's largest cryptocurrency fell from Monday's high, dropping below $117,000. Such a slide is quite common following a surge as many users sell coins to bank some profits.
Bitcoin was recently priced just above $117,000, around 4.55% lower than its peak.
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Zcash Floats Dynamic Fee Plan to Ensure Users Won’t Be Priced Out
ZEC zoomed 12% amid the fee discussion, beating gains across all major tokens.
What to know:
- A new proposal by Shielded Labs suggests a dynamic fee market for Zcash to address rising transaction costs and network congestion.
- The proposed system uses a median fee per action observed over the prior 50 blocks, with a priority lane for high-demand periods.
- The changes aim to maintain Zcash's privacy features while avoiding complex protocol redesigns.
Top Stories
