Recent market volatility has led to a sell-off of Bitcoin and Ethereum by some large holders. 👇
🔶 Owen Gunden, a veteran Bitcoin holder with over 10,000 Bitcoins, deposited 395.8 Bitcoins (worth $43.7 million) into the Kraken platform approximately 8 hours ago.
➡️ Over the past 9 days, he has sold 2,587 Bitcoins (worth $289 million) at an average price of $111,546 per Bitcoin, leaving him with 7,150 Bitcoins (worth $793 million) in his wallet!
🔹 Meanwhile, whale "0x550" transferred all 10,000 Ethereum (worth $39.1 million) to Binance approximately 2 hours ago.
➡️ He expects to lose $7.52 million (-16%) after holding the assets for two months.
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The following are the relevant addresses:
1. Owen Gunden:
2. Whale "0x550":