>dumps 9 billion for an x177777

CIA cashing out. Lmao.

Putting $54k into bitcoin in 2011 would have been seen as a suicidal insane thing to do... he must have REALLY understood it back then

It took me like 5 years after first hearing about Bitcoin to figure out that it had a fixed max supply, I always assumed it was possible to print infinite amounts of bitcoin like fiat currency... if I just put a few hours of effort into researching Bitcoin and understanding it more, I would have bought 5 years earlier... and I would have been one of these bitcoin billionaires.

>>60655854 (OP)
wow nice a 2x!

>>60655860
>>60655870
I heared it might be Ross Ulbricht

>>60655870
And yes, I knew about bitcoin in 2010, but it took me until 2015 before I bothered looking into the "mechanics" of it in terms of it having a capped supply, etc and it was only in 2015 that I started buying a little over $200/BTC

>>60655871
54k into 120k is a 2.22x actually

>>60655877
it probably is that little worm.

>>60655870
>>60655878
And fuck you to anyone who judges me for not knowing it hard a hard cap....

There are still billions of people in 2025 who still dont understand basic things like this about Bitcoin, so dont judged me for not understand it in 2010 and taking 5 years to understand/comprehend the mechanics of it all

>>60655878
Hey i knew it from 2010 aswell and got into crypto 2020

>duhh uh bitcoin whale just solded 80000 bitcoins
>eighty thousand

does anyone actually believe this?

>>60655877
It's Craig Wright. He'll be using the profits to kickstart his pumpkin farm in Indonesia.

>>60655854 (OP)
>Maslatón sold

>>60655894
At what point during 2010 - 2020 did you take the time to figure out the mechanics to realize how OP it is?

I still kick myself to this day for not taking a few hours to research basic shit like supply cap in 2010.

Back in 2010 I literally thought it was just a typical currency that had an infinite supply that some nerds could forever print.

>>60655895
Its on the Blockchain, at least that he moved it to an exchange. Its highly likely he sold. Would also explain why Bitcoin just crabs despite the massive etf inflows.

>>60655907
Hmmm i remember wanting friends to mine because i had no pc in 2011, then i remember the 2011 crash and the 2013 crash at which point i always thought wow good i did not invest in that.
The basic meachnic i did read about sometimes there.
Then i remember the 2017 bullrun and i was saying haha lol bubble, made some charts and thought about yeah in a year this is going to 3k and then i buy (i figured out the cycles basically). But then in 2018 i was broke as fuck.
2020 i got into alts i never did hold a significant Portion is Bitcoin so far

>>60655910
oh if its in the Blockchain it must be real. i read a passage from the Blockchain every night before bed

>>60655948
>t.

>>60655948
Are you actually retarded?

>>60655948
blockchain nerds BTFO

blockchains ain't real

>>60655854 (OP)
>OMG the market dropped from $120K to $118K!
>idds habbenig!!!
look over there a platypus

>>60655878
I knew about it in 2010 but couldn't find a way to buy it. 2014 someone finally brought in a Lamassu BTM to the country I was living in, but it was "out of stock" most of the time I tried to use it, and then the financial regulators banned it so the guy had to go into hiding.

Anyway I just hit seven figures USD on a 394X ($114.7K was my millionaire level). I hope that guy had a bunch of Bitcoin left over and made even more millions and got out to somewhere nice, he deserves it.

>>60656032
???????
Retard i never implied any market prediction i just told you somebody dumped 9 billion on you

>>60655854 (OP)
hmgfjhgfjghf

>>60655854 (OP)
I hope this guy lives in a small town just because i think it would be hilarious if his county suddenly has 10x their annual tax revenue

>>60655870
54k was a fortune back then too, worth about 1.2m in today's dollars

>>60656156
no its more like $110k today if you use house prices

A 700k house in 2010 goes for about $1.5M here today

>>60655870
> understand
Lmao baggies. Everyone understood it. You mean "brainwashed".
It was just very much possible that a replacement would kill it, like Facebook for Myspace.
But Blockchain proved to be a stupid layer of fat on fintech, so there never was a real advantage in having "better tech", it was all about propaganda, so first mover was the thing, without even moving after that.

>>60656093
So what? Good for him, I hope BTC does another 10000X so I can cash out that much too. (It won't, unless the dollar becomes worthless ofc.)

Over $70,000,000,000 of BTC traded in the last 24 hours. The (purported) fact that he was able to dump $9B all by himself and the price barely moved means that demand remains high. The people who bought all of that are unlikely to sell any time soon, so that's 80,000 BTC that are no longer available to push prices down.

>>60656126
>county tax revenue
Counties and cities don't generally tax income, unless you're talking about shitholes like NYC or Philadelphia.

>>60655910
Sale isn’t the only possibility. It could be collateral for a loan, which is how the rich realise gains without paying tax, or backing for leveraged trading, or that the owner of the bitcoin exchanged it for a large stake in Galaxy which would leap up the treasury rankings as a result.

>>60656257
you dont understad it

>>60655910
Its just highly unlikely its an individual sending almost 10 billion to an exchange to sell. More likely an exchange controlled wallet or maybe its even actually an individual, but I remember adam back recently did some kind of 30k bitcoin deal where he "sold" but not really by using that as capital for a company.

>>60656334
>The people who bought all of that are unlikely to sell any time soon, so that's 80,000 BTC that are no longer available to push prices down.
Jesus, I'm frothing at the mouth. How high are we going this cycle?!

>>60655854 (OP)
There are people buying digital nothing someone bought for .68 cents for $120,000 lmao

>>60656334
He sold over days likely and the etfs and other demand absorbed it yes.
But the trading number is just mostly bots and leverage traders buying and selling in ma short time. Real buy and sell volume is way lower.

>>60655910
>Its on the Blockchain
Ok then. Show us.

>>60656710
Kind of crazy if you zoom out yes.
>>60656394
I doubt he would risk all his 9b for a loan. How big would that loan be lol. 1b would be more then enough collateral. Also did you see the etf and institutional inflows into Bitcoin and its price. There is clearly massive sell pressure from somewhere and its extremely likely from oldfags (and from miners but we know that)

>>60656732
Too lazy to search, ask grok.

>>60656739
no faggot you made the claim that is clearly fucking bullshit now admit it is bullshit or prove you're not a lying nigger

>>60656742
Lazy retards are not gonna make it
Based on the available information, here are some explicit Bitcoin addresses involved in the recent large-scale transfers of approximately 80,009 BTC (valued at ~$9.46 billion) around early July 2025, as linked to movements toward Galaxy Digital and exchanges like Binance and Bybit:bc1qqs4ey6v89n2z2f2k2k5k2k5k2k5k2k5k2k5k2k - This address was involved in the final consolidation of 40,000 BTC sent to Galaxy Digital on July 15, 2025.
bc1qqs4ey6v89n2z2f2k2k5k2k5k2k5k2k5k2k5k2k - This address sent 9,000 BTC (~$1.069 billion) to Galaxy Digital on the same date, as part of the larger transfer sequence.

These addresses were part of a series of transactions originating from eight Satoshi-era wallets, each moving approximately 10,000 BTC. The funds were consolidated and partially sent to exchanges like Binance and Bybit, though the exact addresses for the exchange deposits are not fully detailed in the sources. Note that the full $9 billion was not sent from a single address but split across multiple transactions and addresses.

>>60659378
Ok grok fucked up the wallets but again its obviously true, there are sides which track whales etc, you can find them
Burden of proof is on you here since its reported everywhere

He didn't market dump it, he sold them OTC to Galaxy Digital at a reduced price. They will now sell them off at their leisure.

>>60659409
Yes its spreaded over weeks but obviously it affects the price when 9b more are in markets. Some schizos claim the opposite but these buyers would buy other coins if these were not there.

>>60659414
No I agree with you, people are underestimating just how much liquidity must be used to absorb a market sale of 80,000 coins.

>>60659386
no you fucking faggot you stated it you prove it. I don't give s fuck about your gay websites. Prove he sold, show me the blocks. It's on the blockchain you smugly said.

>>60659462
Germany sold 54k worth and it kick started the bullrun

Rich people don't need to sell, they take loans against their capital. This whale sadly (confirmed) was using their BTC as collateral to short ALTS and the recent short squeeze (He thought Sharp Link and Tom Lee were only going to buy OTC) caused him to get margin called and liquidated forcing him to sell all the BTC and buy ETH, XRP, LINK, and some memecoins mostly DOGE, PEPE, ETC. Thats one Bitmaxie down. Pic related is proof.

>>60655948

>>60655854 (OP)
I highly doubt it was the owner who sold. The owners probably dead and some random hobo found the harddrive in the dump and became a billionaire overnight

>>60656334
>The people who bought all of that are unlikely to sell any time soon, so that's 80,000 BTC that are no longer available to push prices down.
lol sure bro

>>60655854 (OP)
54k in 2011 is worth 9.6B today

I didn't realize inflation was this bad

How does that work exactly? So a whale sold it for billions. How does one move this amount of money to some financial institution? It's like, here's your billion dollar balance. So what do yo do next? Where do you store or invest it? I'll never have this dilemma or even a fraction of a fraction of this dilemma, but its just fascinating to think about.

>>60660313
he didn't sell anything he just moved it to a new wallet. there are all kinds of good reasons to do that. no one in 2011 had that many BTC unless they were running a business.

>>60660313
For starters, this isn't sold on the open market. First what you do is get a lawyer, a tax lawyer (not the same as the first), and a financial advisor. Then you go to your local tax agency and start talking with them about what you're going to do (through the lawyers). Once that's clear, you go to an exchange and trade over the counter (off market) with someone else for a fixed sum. This will not be the actual spot value, but it's more than you'd get just blindly crashing the market. It's the same with large amounts of gold, too. So you make the sale, probably using escrow, and then the money is transferred to a bank who your lawyer and financial advisor have already picked out (probably several banks, and your portfolio then gets diversified almost immediately by the financial advisor according to a plan you figured out before the sale; if there's any uncertainty, it gets dumped into treasuries until you can figure out what you want to hold).

At that point you get an allowance out of that to spend on lambos, mansions, etc.

If you DON'T do that, the tax man will rape you and steal your money until you can prove you got it legally, and once you're past them, no bank will actually talk to you directly and let you just deposit billions in an account, and even before that, you couldn't sell that much on the open market: the CEX will shut you down and tell you you need to go OTC and they'll want to talk to your lawyer to cover their own asses.

>>60655870
It wouldn't have mattered anyway, I didn't have 54k in 2011.

>Arthur Britto sold his BTC
Bullish for XRP

>>60655870
Everybody buys bitcoin at the price they deserve, this is known. Selling is the shocker, how much is this guy leaving on the table? 9.6 billion doesn't go as far as it used to!

>>60656032
what is the meaning of platypus

>>60660354
At what value would you use a method like this? 10billy is unfathomable but what if one of us got a decent chunk of change?

>>60655854 (OP)
The bigger story here is a 9 billion dollar cashout barely dented the price.

>>60660536
It's a monotreme native to Australia, but that's not relevant here.

(I would have posted distraction tits but the /biz/ jannies hate tits.)

>>60656726
>Real buy and sell volume is way lower.
Real purchasing volume is over 100,000 BTC per month.

>>60660634

Its Ross Ulbricht

>>60660313
>It's like, here's your billion dollar balance. So what do yo do next? Where do you store or invest it?
Stocks, bonds, real estate, your own businesses. Whoever this whale is, he probably has more BTC and just wants to diversify.

There isn't a lot of point to having it all in a checking account, unless you just want to trick bimbos at nightclubs by leaving your ATM receipt on the bar.

>>60655854 (OP)
>80,000
it might actually be this dude here
https://youtu.be/g6igTJXcqvo?w&t=1526
>we were able to mine close to 80000 bitcoin

>>60660850
Interesting but still lower then the total volume
>>60659481
You faggot know this cant be proven, thats why Ethereum is superior as dex trades can be proven