AI Market Logo
Login Sign Up
BTC $43,552.88 -0.46%
ETH $2,637.32 +1.23%
BNB $312.45 +0.87%
SOL $92.40 +1.16%
XRP $0.5234 -0.32%
ADA $0.8004 +3.54%
AVAX $32.11 +1.93%
DOT $19.37 -1.45%
MATIC $0.8923 +2.67%
LINK $14.56 +0.94%
HAIA $0.1250 +2.15%
BTC $43,552.88 -0.46%
ETH $2,637.32 +1.23%
BNB $312.45 +0.87%
SOL $92.40 +1.16%
XRP $0.5234 -0.32%
ADA $0.8004 +3.54%
AVAX $32.11 +1.93%
DOT $19.37 -1.45%
MATIC $0.8923 +2.67%
LINK $14.56 +0.94%
HAIA $0.1250 +2.15%
Bitcoin shrugs off bn Galaxy dump with ‘barely a blip’
cryptocurrency

Bitcoin shrugs off bn Galaxy dump with ‘barely a blip’

Bitcoin swiftly recovered after Galaxy Digital sold 80,000 BTC worth bn, signaling a mature, liquid market with minimal disruption.

July 27, 2025
5 min read
Kyle Baird

Bitcoin swiftly recovered after Galaxy Digital sold 80,000 BTC worth bn, signaling a mature, liquid market with minimal disruption.

Bitcoin completely rebounded after Galaxy Digital offloaded 80,000 BTC to exchanges, worth over $9 billion, on behalf of a Satoshi-era investor. Despite the staggering size of the transaction, the market barely flinched. Bitcoin prices dipped from around $118,000 to $115,000 before rebounding to pre-sale levels within days. Analysts say this smooth absorption demonstrates that Bitcoin has matured into a deep, liquid market capable of handling major exits without panic. Strike CEO Jack Mallers commented on X, “The market absorbing 80,000 Bitcoin in days with barely a blip is a big deal — Bitcoin isn’t fragile. It’s going to take orders of magnitude more to stop what’s coming.” Other major cryptocurrencies also showed resilience. Ethereum rebounded to trade higher than before the sale, while XRP was down just 1% from its Friday price. However, some experts questioned the execution of the sale. Bloomberg Intelligence analyst Eric Balchunas asked on X, “Why is someone selling $9 billion in one shot? The slippage cost is probably insane.” Slippage refers to the difference between the expected price of a trade and the actual execution price, a major risk when large orders are dumped on public exchanges instead of being sold gradually. Early Bitcoin developer and Blockstream CEO Adam Back was blunt: “Why so clumsy — no OTC, no TWAP?” referring to over-the-counter desks and time-weighted average price strategies often used to avoid tanking the market. He added, “Probably hedged to at least recover the price drop they caused.” Crypto Market Movers
  • Bitcoin has gained 0.6% in value over the past 24 hours and is trading at $118,150.
  • Ethereum is also up 0.6% in the same period, trading at $3,770.
    • Source: Originally published at DL News on 27 July 2025.

    FAQ

    What is slippage in trading?

    Slippage is the difference between the expected price of a trade and the actual execution price. This can occur in fast-moving markets or when large orders are placed.

    How did the Bitcoin market react to the large sell-off?

    Bitcoin prices briefly dipped from $118,000 to $115,000 but quickly rebounded to pre-sale levels, showing the market's resilience.

    What is OTC trading?

    Over-the-counter (OTC) trading involves traders directly making trades without using public exchanges, often used to execute large orders without affecting market prices.

    Crypto Market's Take

    The quick recovery of Bitcoin in the face of Galaxy Digital’s massive offload underscores the market's maturity and liquidity, making it a robust environment for both retail and institutional traders. At Crypto Market AI, we provide advanced tools and AI-driven analysis to help traders navigate such dynamic markets efficiently. With our AI-powered trading bots and real-time market insights, users can optimize their trading strategies without the fear of market volatility impacting large transactions. Our platform also offers educational resources on cryptocurrency market analysis, empowering users to enhance their understanding of market dynamics and improve trading decisions.

    More to Read

  • Bitcoin's Resilience and the Future of Crypto Markets
  • AI-Driven Crypto Trading Tools Reshape Market Strategies in 2025
  • How to Evaluate Cryptocurrency