Analysis: Satoshi Nakamoto's era Whale dumping BTC triggers debate on Bitcoin deviating from its "Cypherpunk" roots.

Odaily News Galaxy Digital disclosed over the weekend that it facilitated a $9 billion Bitcoin transaction for an investor from the Satoshi Nakamoto era, totaling more than 80,000 coins. The company stated that this transaction is one of the largest nominal BTC transactions to date. Crypto Assets analyst Scott Melker believes that the confidence of many early Whale investors has been shaken, leading them to sell at current market prices. This comment has sparked intense debates among influencers and traders in the Crypto Assets industry, with some pointing out that selling Bitcoin does not necessarily mean that investors have given up on holding the asset long-term, as Adam Back continues to accumulate BTC. However, as Bitcoin is increasingly absorbed by the TradFi market through ETFs, corporate funds, and custodial solutions, the crypto community is concerned that Bitcoin has strayed from its Cypherpunk roots. (CoinDesk)