CryptoMedium

OG Bitcoin whale sells entire $1.3B stack

On-chain data reportedly shows a 2011-era holder sold 11K BTC since late October, finishing with a $230M Kraken transfer.

Gold bitcoin coins stacked on a reflective dark surface
Gold bitcoin coins stacked on a reflective dark surface. Photo: Erling Løken Andersen, via Unsplash
$1.3BValue of all BTC sold

Confirmed

  • Arkham reports Owen Gunden sold all of his BTC, worth $1.3B

Not yet known

  • Unconfirmed: a 2011-era holder sold 11K BTC since late October
  • Unconfirmed: the sales ended with a $230M Kraken transfer

What we know

Arkham reports Owen Gunden sold all of his BTC, worth $1.3B.

Bitcoin (BTC/USDT)
$64,050 −0.8% · 3 mo
$62,751$75,073$87,39617 Aug1 Oct 2614 NovThis story
Daily candles (UTC). Source: Binance.

What people are posting

Posts on X this story draws on. They are individual users' views and have not been verified by Global Eye 24.

@TangTrades

“OWEN GUNDEN HAS NOW SOLD ALL OF HIS $1.3 BILLION BITCOIN”

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By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.