Editor's PiCK

Longtime Bitcoin whale 'Owen Gunden' sells all held Bitcoin… $1.3 billion

Source
Uk Jin

Summary

  • It was reported that early Bitcoin investor Owen Gunden sold all of his held Bitcoin worth $1.3 billion.
  • Gunden began selling the Bitcoin he had held for 14 years starting this October and completed the sale with this transaction.
  • It was reported that after this large-scale sale, the Bitcoin price plunged 10.67% compared to the previous day.

'Owen Gunden,' known as an early Bitcoin (BTC) investor and a 'Bitcoin OG,' appears to have strategically sold the Bitcoin he held.

On the 21st (Korean time), Arkham, a virtual asset (cryptocurrency) data-tracking platform, said on X (formerly Twitter), "On that day, Owen Gunden transferred $230 million worth of Bitcoin to Kraken," and "Owen Gunden sold all $1.3 billion worth of Bitcoin he held."

Owen Gunden began selling the Bitcoin he had held for 14 years starting in October, and this sale marked the end.

As of 7:04 PM that day, Bitcoin was trading at $81,743 on CoinMarketCap, down 10.67% from the previous day.

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Uk Jin

wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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