Bitcoin Whale Owen Gunden Deposits 2,499 BTC into Kraken Worth $228 Million as He Sells Over 11,000 BTC in the Past Month
BTC/USDT
$24,640,222,422.80
$79,220.72 / $75,700.00
Change: $3,520.72 (4.65%)
+0.0035%
Longs pay
As of November 20, COINOTAG News, citing LookIntoChain monitoring, reported that a high-profile BTC holder tied to the Solana ecosystem moved 2,499 BTC into Kraken, a stake valued at roughly $228 million at current prices.
According to the same briefing, Owen Gunden has disposed of more than 11,000 BTC over the prior 30 days, indicating sustained liquidity adjustments by the participant.
The move to a major exchange venue may reflect tactical rebalancing or liquidity management rather than immediate price impact. Market watchers will monitor whether this pattern persists and how it factors into near-term liquidity on Bitcoin markets and exchange custody flows.