According to Galaxy Digital, the sale was part of a broader estate planning strategy on behalf of the anonymous investor. While the identity remains undisclosed, it’s clear the scale and method of the sale were carefully coordinated. No specific details were provided regarding the timing or the exact selling price.

Market Reacts to the Massive Sell-Off

The news broke during a high-volatility trading session last Friday. At one point, Bitcoin dipped below $115,000, sparking concerns of a possible broader sell-off. However, the downturn was short-lived.

On-chain data revealed that approximately 30,000 BTC were moved throughout the day from Galaxy-associated addresses to various crypto exchanges. These transfers were traced back to the same stash of 80,009 BTC that had been moved earlier this month after years of inactivity.

Bitcoin Absorbs the Pressure Swiftly

Despite the enormous selling pressure, the market showed remarkable resilience. After briefly dipping, Bitcoin rebounded quickly to reclaim levels above $117,000. Analysts described the market response as an indication of growing maturity and liquidity.

Joe Consorti from blockchain infrastructure firm Theya noted:

“80,000 BTC—or $9 billion in value—was offloaded directly into the open order book, and Bitcoin barely flinched. That’s a powerful testament to the market’s depth.”

This resilience comes at a time when Bitcoin is already riding high. In 2025, the crypto asset surged past $123,000, fueled by rising ETF inflows, stronger institutional adoption, and a more favorable U.S. regulatory landscape. The fact that such a large-scale sale had minimal price impact only strengthens the bullish sentiment around BTC.

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The post Satoshi-era Bitcoin Investor Completes 80,000 BTC Sale! appeared first on Coin Engineer.

Overwhelming Community Support: 99.94% Vote “Yes”

According to an official announcement, the WLFI token will become transferable within the next 6 to 8 weeks, marking a major step toward liquidity and price discovery. The move follows a recent community vote in which a staggering 99.94% of participants supported enabling transfers.

The WLFI team celebrated the outcome with a post on X (formerly Twitter), calling it:

“A historic win for the community. WLFI is getting ready to go live.”

However, they also urged patience, noting that strategic partnerships, exchange listings, and a fair vesting schedule will take time. They concluded the post by stating:

“This isn’t a delay; it’s the making of a legend.”

WLFI Pre-Market Price Points to Massive Valuation

When first distributed, WLFI tokens were locked and non-transferable. With that restriction about to be lifted, the token is now heading into a true price discovery phase.

Currently, WLFI is being priced around $0.16 in pre-market activity. Given the token’s full supply, this places its fully diluted valuation at a staggering $16 billion — a number that instantly positions it among the higher-cap altcoins.

$550 Million Raised from Token Sale

So far, the project has raised around $550 million by selling 25 billion WLFI tokens, which represent 25% of the total supply. The remaining 75% of tokens remain locked, with the next steps for their release to be decided via a second community vote in the coming weeks.

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The post Trump-Linked WLFI Token Gears Up for Trading Price and Timeline Revealed appeared first on Coin Engineer.

PumpFun Token Sale Details

Launched by the PumpFun platform, this new token has drawn attention, especially due to its connection with the Pump.Fun Protocols. $PUMP is positioned as the official utility token of the token launch platform hosted on pump.fun. However, it’s important to note that using the platform does not require holding PUMP.

Key Information

• Price: $0.0040

• Total Supply: 1 Trillion PUMP

• Supply for Sale: 12.5%

• Fully Diluted Valuation (FDV): $4 Billion

What is PumpFun?

PumpFun is a user-friendly token creation platform designed for anyone looking to launch their own tokens. It is also integrated with the swap.pump.fun automated market maker (AMM) protocol. The $PUMP token will be used within this ecosystem for community giveaways and promotional campaigns.

The incredible speed and volume seen in this presale highlight the growing interest in the PumpFun ($PUMP) project. This early momentum suggests we’ll be hearing a lot more about this ecosystem in the coming days.

Stay tuned and do your own research before making any investment decisions.

This content does not constitute investment advice. Markets involve high risk, and it’s important to do your own due diligence before investing.

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The post PumpFun ($PUMP) Token Presale Sold Out Within Minutes! appeared first on Coin Engineer.

Court Approval for 69,370 Bitcoin

The U.S. District Court for the Northern District of California issued a ruling on December 30 authorizing the Department of Justice to liquidate 69,370 Bitcoin. Chief Judge Richard Seeborg rejected opposing motions to prevent the sale.

These Silk Road-linked Bitcoin holdings are valued at approximately $6.5 billion. The Department of Justice, which had previously begun selling in smaller tranches, transferred about $2 billion worth of Bitcoin to Coinbase on December 3, 2024. The Department maintains a custody arrangement through the U.S. Marshals Service via Coinbase Prime.

Origin of Silk Road Bitcoin and Background

The seized Bitcoin originated from illegal transactions on Silk Road, a dark web marketplace shut down in 2013. These assets were surrendered to authorities in 2020 by a mysterious figure known as “Individual X.” The Department of Justice faced numerous lawsuits and objections during a four-year legal battle. However, the court rejected all challenges and approved the sale of the Bitcoin.

Should There Be Cause for Panic?

While the sale of Silk Road Bitcoin has the potential to create market fluctuations, experts indicate this won’t be catastrophic for the market. Ki Young Ju, CEO of blockchain analysis platform CryptoQuant, stated that the market saw approximately $1 billion in daily inflows last year and could absorb the government’s $6.5 billion sale within a week. Additionally, some crypto commentators suggest these sales may have already occurred.

The liquidation of Silk Road Bitcoin represents both a historic financial resource for the U.S. government and a significant milestone for the cryptocurrency market. This process appears likely to remain a topic of both legal and political discussion for some time. However, experts consensually advise against market panic.

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The post Silk Road Assets Being Liquidated: $6.5 Billion Bitcoin Sale appeared first on Coin Engineer.

The Details of the Unfortunate Sale

The Pudgy Penguins project is known as one of the most popular collections in the NFT world. This collection of adorable penguin figures garners significant attention among collectors. The fact that the seller traded such a valuable asset for such a low price has left many in disbelief.

Some sources suggest that the seller mistakenly thought 35 USDT was 35 ETH ($117,000), resulting in a loss of over $500,000. Pudgy Penguins is recognized as one of the high-value collections in the NFT space.

A Common Mistake in the NFT World?

The NFT market occasionally witnesses similar incidents. In the past, some users have accidentally priced their assets far below their actual value. Such occurrences highlight the costly consequences of lapses in attention during digital asset transactions.

Experts emphasize the importance of being especially cautious during NFT buying and selling processes, particularly in pricing. Double-checking the sale price and cryptocurrency before confirming a transaction can help avoid potential losses.

These incidents underscore how crucial it is to stay vigilant and pay attention to details in the NFT market. Always remember to double-check your transactions and stay alert!

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The post A $500,000 Mistake: Seller Sold NFTs for Pennies appeared first on Coin Engineer.

The German government, which has sold nearly 30,000 Bitcoin so far, has withdrawn approximately 5800 BTC from its own wallet and transferred it to exchanges and market makers.

On-chain data shows that 5853 Bitcoin worth $340 million were sent to an address linked to Kraken, Coinbase, Flow Traders, Cumberland, and B2C2.

The German state currently holds 18,000 Bitcoin worth $1.1 billion. It is also noteworthy that the Bitcoin price did not fall after the Germans’ transfers.

Bitcoin is trading around $58,500 at the time of writing. The total amount of BTC seized from the pirate movie site Movie2k in 2020 was 50,000, and the Germans have melted more than half of this Bitcoin so far, mostly this week.

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The post Germany Continues to Sell Bitcoin: New Transfer of 5800 BTC appeared first on Coin Engineer.

On-chain data from Lookonchain shows that the government sent 1,000 BTC worth approximately $55 million to cryptocurrency exchanges Coinbase and Bitstamp.

This latest sale leaves the government with 38,826 BTC, worth around $2.1 billion. The German government has been putting downward pressure on Bitcoin prices for about two weeks now, with a similar sale taking place just last weekend.

In total, the government has sold over $400 million worth of Bitcoin in less than a month. German MP Joana Cotar has speculated that the government may be selling due to the current budget deficit in Germany.

Bitcoin prices are down 3.4% in the last 24 hours and are currently trading at $55,556.

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