Bitcoin Whale Owen Gunden Moves 3,600 BTC Worth $372M, 500 BTC Sent to Kraken as 3,100 BTC Awaits Transfer

COINOTAG News reported on November 8, referencing LookIntoChain on-chain monitoring, that a high-profile Bitcoin holder moved a sizable parcel of BTC. The wallet controlled by Owen Gunden initiated a transfer of 3,600.55 BTC, a value near $372 million at current prices, underscoring notable on-chain activity among market participants.

According to the update, 500 BTC—roughly $51.68 million—has already been deposited into Kraken, while the remaining 3,100.55 BTC—about $320 million—remains staged for transfer in the coming days. Such a split highlights evolving custody and liquidity dynamics among institutional-grade traders and major exchanges.