Early Bitcoin Holder Owen Gunden Transfers Large BTC Holdings to Exchanges

GateNews
BTC-4,22%

Gate News bot message, Owen Gunden, an early Bitcoin holder, has executed a significant transfer of 3,600.55 BTC (valued at $372M). The transaction details show that 500 BTC ($51.68M) has been directly deposited to centralized exchanges, while the remaining 3,100.55 BTC ($320.46M) is in transit.

According to previous data from Lookonchain, Gunden had already transferred 1,289 BTC ($138.2M) to centralized exchanges.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

New Yorkers can pay their mortgage with Bitcoin

New York City residents can now pay their mortgages using Bitcoin through the Strike platform, which has obtained the necessary licenses. This system streamlines transactions, lowers fees, and reduces the risks associated with price volatility, representing a major step forward in the integration of cryptocurrency into the real estate industry.

TapChiBitcoin20m ago

Price Predictions 3/6: BTC,ETH,BNB,XRP,SOL,DOGE,ADA,BCH,HYPE,XMR

Bitcoin (CRYPTO: BTC) faced a renewed test after a brief relief rally, sliding back below the $68,500 mark as sellers reasserted control. The move comes after the asset briefly flirted with the $74,000 threshold, a level that previously functioned as a ceiling during the latest ascent. Traders now e

CryptoBreaking24m ago

Strategy Disclosure of Top 10 Asset Management Companies' Holdings: Vanguard holds 8.12%, ranking first

MicroStrategy, a Bitcoin treasury company, disclosed the holdings of the top ten asset management companies worldwide. Vanguard Group has the largest stake at 8.12%, with a market value of over $3.1 billion. Other major shareholders include Capital Research and BlackRock.

GateNews52m ago

Bitcoin May Be Quiet Now but Institutional Flows Suggest a Bigger Move Ahead

Institutional investors are holding firm through bitcoin’s latest market dip, signaling deeper conviction as ETF inflows, new buyers, and geopolitical tensions reinforce the cryptocurrency’s growing role as a potential safe-haven asset. Why Institutional Investors Aren’t Dumping Bitcoin During the

Coinpedia53m ago

BTC surged to $74,000 before falling back below $69,000, with the total market capitalization evaporating approximately $110 billion.

This week, the cryptocurrency industry received positive news from Wall Street, but Bitcoin's price fell from $74,000 to $69,000, with a market cap evaporating approximately $110 billion. The strength of the US dollar and macroeconomic factors are putting pressure on risk assets. Short-term holders are taking profits, increasing selling pressure, but the US spot Bitcoin ETF recorded net inflows, indicating an improvement in the funding environment.

GateNews1h ago
Comment
0/400
Solvny_xvip
· 2025-11-08 18:06
Ensure to leave at least 0.000003508048222488 ETH for gas fees
Reply0