Galaxy Digital facilitated a $9 billion Bitcoin sale for a Satoshi-era investor in July 2025, marking one of the largest exits in cryptocurrency history. This transaction highlights a significant trend of early Bitcoin adopters reactivating dormant wallets to capitalize on increasing institutional demand. The shift from retail to institutional ownership is underscored by the growing popularity of spot Bitcoin ETFs, with institutional investors holding 26.3% of Bitcoin ETF assets in Q4 2024, up from 21.1% the previous quarter. North American crypto adoption surged by 49% in 2025, driven by the expansion of ETFs and heightened institutional interest.