The Whale of the Satoshi-Vend 9K BTC era for more than $ 1 billion while bitcoin drops below $ 117,000

A bitcoin

The whale holding more than 80,000 BTC sold a piece of their treasure after the ascent of Bitcoin at a summit of all time around $ 123,000 on Monday.

The user, who has undermined cryptocurrency during the first days of industry – a period known as Satoshi era after the pseudonymous Bitcoin Creator – sold 9,000 BTC ($ 1 billion) Via Galaxy Digital, Lookonchain published on X.

Users with particularly large quantities of BTC, called whales, have the possibility of moving the market when they buy or sell bitcoin because of the large number of tokens involved.

The bitcoin whales of the Satoshi-Sont era closely monitored by traders for market signals, especially when the BTC in their wallets has not been moved for several years.

The Satoshi era refers to a loose period between 2009 and 2011, when the pseudonym creator of Bitcoin, Satoshi Nakamoto, was active in the community and the BTC was generally at the cost of cents.

The largest cryptocurrency in the world fell from the summit on Monday below $ 117,000. Such a slide is quite common following overvoltage because many users sell coins to banish certain benefits.

Bitcoin was recently above $ 117,000, about 4.55% less than its peak.

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