A Bitcoin -Walvis from the beginning of the years 2010, with coins that have been mined or acquired in Bitcoin’s children’s shoes, has recently been awakened and sold 80,000 BTC. The sale was treated by Galaxy Digital, who carried out the transfer of more than 80,000 BTC (worth $ 9 billion) on behalf of this customer, who is Described as an investor of “Satosh era”.
Despite this enormous sale and the volatility that came afterwardsBitcoin has succeeded in being steady and the subsequent price action shows that bulls were more than prepared to absorb the sales shock.
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Bitcoin drops to $ 115,000, Bulls quickly bought the dip
News about the Bitcoin of $ 9 billion Sales initially caused price volatility. The price of Bitcoin had recently traded around $ 119,000, so the sudden inflow of sales orders caused a brief withdrawal. On July 25, BTC/USD quickly fell to around $ 114,000 to $ 115,000.
The enormous size of 80,000 BTC (more than 0.4% of the total supply) that hit the market had the potential to activate panic. There were indeed signs of profit and higher exchange rate inflow in the days around the sale. This in turn led to a fall of 3.5%, which is one of Bitcoin’s steepest intraday dips in weeks, temporarily breaking below The support level of $ 115,000.
However, it soon became clear that the bulls of Bitcoin were more than prepared to absorb the shock. The price decrease Bottom from just a few hours. By the end of the same day, Bitcoin had returned more than $ 117,000 and traded in the middle of $ 117,000.
This rapid recovery showed remarkable liquidity and depth in the Bitcoin market. “80,000 BTC, more than $ 9 billion, was sold in open market order books and Bitcoin hardly moved,” observed Crypto analyst Joe Consorti, which shows how quickly buyers arrived to prevent sales pressure.
In earlier years, a sales order of this size could have caused a percentage of price accident with double digits. The ecosystem, on the other hand, treated it with surprising convenience in 2025. “The entire sale is completely included by the market,” Noted Bitcoin analyst Jason Williams.
What is the next step for Bitcoin price?
With the 80,000 BTC sale of the whale now largely in the rear -view mirror, the next step forward is looking at where Bitcoin could go from here. The fact that the market has digested a $ 9 billion sale with only small turbulence has many observers who still feel bullish about the Bitcoin process. “We go so much higher,” Jason Williams noted.
It is a sentiment that is shared by various crypto analysts on X, who see the rapid recovery as proof of a strong upward momentum. The consensus under Bulls is that there may be new highlights in the horizon in the coming months. Bitcoin already made a record of around $ 123,000 on July 14, but analysts are still calling for new highlights above $ 130,000, $ 150,000, Or even higher.
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At the time of writing, Bitcoin acts at $ 118,063, an increase of 0.5% in the last 24 hours.
Featured image of Unsplash, graph of TradingView