Bitcoin OG Owen Gunden moves $372M in BTC, first batch hits Kraken
Summary
Early Bitcoin investor Owen Gunden transferred approximately 3,600 BTC, valued at around $372 million, on Friday, as tracked by Lookonchain. The first batch of 500 BTC, worth nearly $52 million, was deposited into the Kraken exchange, with the remaining 3,100 BTC anticipated to arrive soon. This significant selling activity from an early adopter occurs amidst recent market volatility, where Bitcoin briefly dipped below $100,000 before recovering to trade around $101,841 at the time of reporting.
(Source:Crypto Briefing)