Based on Bijié Wǎng, a Bitcoin whale, Owen Gunden, who has held Bitcoin since 2011, has reportedly sold all of his 11,000 BTC, valued at $1.3 billion. According to Arkham Intelligence, Gunden has been gradually transferring his assets over the years, with increased activity in the past month, including sending over $344 million to centralized exchange Kraken. The final transaction, a $230 million BTC transfer to Kraken, marked the completion of his sale. Gunden’s net worth in Bitcoin fluctuated over 14 years, peaking at $936 million in 2021 and dropping to $209 million during the 2022 bear market. As of November 12, 2025, his holdings were valued at $561 million, making him the eighth-largest Bitcoin holder. Meanwhile, Bitcoin’s price has dropped 31% from its recent high of $126,080 to $86,466, raising concerns about a potential bear market.
Bitcoin Whale Owen Gunden Sells $1.3 Billion Worth of BTC After 14-Year Holding
币界网Share
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.