Analysis: Whale selling BTC in the era of Satoshi Nakamoto triggers widespread debate on the ideological direction of Bitcoin

PANews|Jul 27, 2025 09:06
According to CoinDesk, Galaxy Digital disclosed this weekend that it has facilitated a $9 billion Bitcoin transaction worth over 80000 coins for an investor from the Satoshi era. The company stated that this transaction is one of the largest nominal BTC trades to date. Cryptocurrency analyst Scott Melker believes that the confidence of many early whale investors has shaken and they have chosen to sell at current market prices. This comment has sparked heated debate among cryptocurrency industry influencers and traders, with some pointing out that selling Bitcoin does not necessarily mean investors have given up long-term holdings of the asset, such as Adam Back still increasing his BTC holdings. However, as Bitcoin is increasingly absorbed into traditional financial markets through ETFs, corporate funds, and custody solutions, the crypto community is concerned that Bitcoin has deviated from the foundation of cypherpunk.
Share To
Timeline
HotFlash
APP
X
Telegram
CopyLink