Bitcoin whale Owen Gunden dumps entire $1.3B stack as institutions tighten grip
Bitcoin OG Owen Gunden sells $1.3 billion in BTC as retail panic grows, while institutional ownership of Bitcoin ETFs climbs to 40% despite market fear.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Bitcoin OG Owen Gunden sells $1.3 billion in BTC as retail panic grows, while institutional ownership of Bitcoin ETFs climbs to 40% despite market fear.
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Strategy Sells $2 Billion of Stock, Buys No Bitcoin and Creates a New $1.59 Billion Cash Pool
Strategy sold 18,261,118 shares of its common stock for net proceeds of $2.01 billion in the week ended Aug. 23 and did not buy a...
Strategy sells $2 billion in MSTR shares, makes no bitcoin purchases, establishes $1.6 billion ‘USD Cash’ pool
Strategy's total holdings account for roughly 4% of the 21 million bitcoin supply cap — worth around $66 billion.
DOGE Whales Quietly Dumped 280M Tokens While ETF Inflows Cooled: Is Rally Losing Its Real Buyers?
Whales are quietly stepping back right as retail gets excited again. Dogecoin (DOGE) has bounced 3.02% over the last 24 hours to $...
We Told Microsoft Copilot AI to Be Brutally Realistic About XRP Predicts, This Was Its Target
A rally of a few days has repriced an entire year of drift. The latest Microsoft Copilot AI price prediction leans into that, and...
Bitcoin ETFs Log Sixth Straight Day of Inflows as $2.26 Billion Run Coincides With 12.5% Price Rally
US spot Bitcoin ETFs logged a sixth straight day of inflows, drawing $2.26B as BTC rallied 12.5% to $74,250 after a $2.7B outflow...
Bitcoin ETFs inflow streak reaches $2.2 billion in 6 days as assets near $100 billion
US spot Bitcoin exchange-traded funds (ETFs) extended their inflow streak to six trading days on Monday, adding another $337.6 mil...