Bitcoin whale Owen Gunden dumps entire $1.3B stack as institutions tighten grip

Bitcoin Plunges to $86K as OG Whale Sells Off All $1.3 Billion BTC Holdings

BTC is down to a new seven-month low. Bitcoin’s price actions took another turn for the worse over the past few hours, as the asset plummeted further to $86,000 on most exchanges for the first time since April. This means that the cryptocurrency has neared a main support line according to numerous analysts, but the...

Bitcoin Billionaire Dumps Entire $1.3 Billion BTC Stash After 14 Years: Arkham

A Bitcoin whale appears to have sold his entire crypto stash for $1.3 billion—14 years after first buying BTC, says Arkham Intelligence.

Bitcoin Plunges to $86K as OG Whale Sells Off All $1.3 Billion BTC Holdings

Bitcoin’s price actions took another turn for the worse over the past few hours, as the asset plummeted further to $86,000 on most exchanges for the first time since April. This means that the cryptocurrency has neared a main support line according to numerous analysts, but the more worrisome part is the behavior of some whales. Data shared by Arkham shows that Owen Gunden, a well-known Bitcoin OG who has held the asset for 14 years, has been on…

Owen Gunden liquidates $1.3 billion in Bitcoin while institutions accumulate ETFs - The Cryptocurrency Post

Owen Gunden’s total Bitcoin sell-off has marked a recent negative milestone, as this renowned early investor completely liquidated his position in the market. According to records tracked and published by the data platform Arkham, the identified portfolio transferred its last assets to a centralized exchange this Thursday. Thus, this action highlights the sharp contrast between retail panic and institutional firmness currently observed in the ec…

Bitcoin’s earliest billionaire empties entire portfolio after market crash

Bitcoin (BTC) whale Owen Gunden has sold his entire holdings. The eighth richest crypto holder in the world has unloaded roughly $1.3 billion worth of …

Early Whale Owen Gunden Dumps Final 2,499 BTC as Market Turns ‘Extreme Bearish’

What Triggered Owen Gunden’s Full Exit From Bitcoin? One of Bitcoin’s earliest and wealthiest holders, Owen Gunden, has fully liquidated his Bitcoin position as retail investors pull back and institutional ownership through spot ETFs reaches new highs. A wallet tagged to Gunden by Arkham Intelligence transferred its remaining 2,499 BTC to cryptocurrency exchange Kraken on Thursday. The final transfer, valued at roughly 228 million dollars, marks…