$BTC Early Bitcoin Investor Owen Gunden Moves Over $429M in $BTC

Long-time Bitcoin holder Owen Gunden (@bitbitrage) has made major moves on-chain — depositing 1,447.56 $BTC ($163.19M) into #Kraken while transferring another 2,361.73 $BTC ($266.2M) into a new wallet.

These transfers suggest possible profit-taking or portfolio restructuring by one of Bitcoin’s earliest investors, who has held since the early mining days.

Is Owen preparing for a market shift — or simply repositioning ahead of the next bull leg?

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