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Bitcoin Whale From Satoshi Era Dumps Entire Stake For $1.3 Billion As BTC Drowns Below $83,000

Summary by Benzinga
An early Bitcoin (CRYPTO: BTC) investor sold off their entire position on Thursday, amid what has been one of the steepest declines of the apex crypto in recent memory. Bitcoin ‘OG’ Exits Owen Gunden, who has been HODLing since 2011, transferred $230 million worth of Bitcoin to cryptocurrency exchange Kraken, according to Blockchain analytics firm Arkham. Gunden has been on a selling spree since late October, offloading 11,000 BTC, worth a whopp…

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Many Bitcoin hosts hold on to their coins while the whales get out – says an economist. Does BTC only enrich early investors? Source: BTC-ECHO BTC-ECHO

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Cointelegraph broke the news in on Thursday, November 20, 2025.
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