🚨💰 JUST IN: Bitcoin OG Owen Gunden's Massive $BTC Move Rattles the Market! 🚨💰
On-chain analysis is screaming: Bitcoin OG Owen Gunden seems poised for a monumental sell-off!
The whale, known for holding a significant chunk of early-era $BTC, has been making major moves.
Key On-Chain Activity
* HUGE Transfer: Gunden moved his remaining 3,549 $BTC (valued at approximately $361.84M) from his main wallet.
* Exchange Deposit: Crucially, 600 $BTC (approx. $61.17M) of that has already been deposited to the #Kraken exchange. This move to an exchange often precedes a sale.
* Total Potential Dump: The initial figure shows Gunden once held around 11,000 $BTC ($1.12B), and this latest move signals he might be ready to liquidate a significant portion, if not all, of his remaining stack.
Market Impact
Such a large transfer from an early, dormant whale is sending jitters through the market. Is this the start of a major profit-taking wave from long-term holders?
👉 What are your thoughts? Is this a sign of market weakness, or just an OG finally cashing out?
#Bitcoin #BTC #Crypto #WhaleAlert #OnChain #MarketAnalysis