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COINOTAG News, citing LookIntoBitcoin, reported on October 22 that Bitcoin OG whale Owen Gunden moved 364 BTC to Kraken roughly seven hours ago, a transfer valued at about $40.25 million. The move underscores ongoing activity among large holders tracked by on-chain analytics.
According to the same tracker, Gunden’s total BTC holdings stand at 10,959 BTC, worth about $1.19 billion at current prices. The pattern of sizable transfers from high-net-worth wallets continues to draw scrutiny from investors and market observers.
On-chain observers will monitor whether the move signals changes in exchange exposure or reserve allocation; such activity underscores the ongoing role of on-chain analytics in risk assessment around large holders.
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