A significant Bitcoin sale, estimated to be between $8.6 billion and $9.5 billion by a long-dormant "Satoshi-era" investor, has had minimal impact on the cryptocurrency's price, which continues to trade near or at new all-time highs in July 2025. The massive liquidation, reportedly facilitated by institutional crypto firm Galaxy, saw approximately 80,000 Bitcoin moved from wallets that had been dormant for over 14 years.
Despite the scale of the transaction, Bitcoin's price has demonstrated remarkable resilience. As of late July 2025, Bitcoin has surged to new record levels, with some exchanges reporting prices exceeding $123,000. This robust performance follows a period of strong institutional demand, including significant inflows into Bitcoin Exchange-Traded Funds (ETFs) and increased corporate adoption.
Market analysts note that the ability of the Bitcoin market to absorb such a large sell-off underscores its growing maturity and liquidity. The price dipped only marginally, by approximately 1% over a 24-hour period, and remained largely unmoved over a seven-day period following the sale, according to reports. This stands in contrast to earlier market cycles where large sales often triggered significant price corrections.
The continued upward trajectory of Bitcoin's price, even in the face of substantial profit-taking, is attributed to a confluence of factors including sustained institutional investment, favorable regulatory developments, and broader market confidence. The tweet from "Steven" succinctly captured this sentiment, stating, "> Dude sold $10B in bitcoin if a few days and we’re basically still near ATHs Higher." This reflects the prevailing optimism among market participants who view the current price action as a testament to Bitcoin's fundamental strength and increasing mainstream integration.
Forecasts for the remainder of 2025 remain largely bullish, with some experts predicting Bitcoin could reach $145,000 or even $150,000 by year-end, driven by ongoing demand and limited supply. The recent events highlight Bitcoin's evolving role as a resilient asset capable of withstanding large-scale liquidations without significant market disruption.