Whale Alert Whale Alert Whale Alert

Satoshi-era whale moves 12,000 BTC (~$1.4B) to exchanges after earlier 2,401 BTC Kraken deposit — BTC dips ~2%, fears of larger sell-off

first published 2025-11-13T09:31:00Z
Bitcoin Whale Alert Trading Market Analysis
Owen Gunden, described as a Satoshi-era billionaire, transferred 2,401 BTC (≈ $244.96M) into Kraken, per Arkham and Onchain Lens. His remaining on-chain balance is reported at about 2,499 BTC (≈ $258.58M). The move follows earlier internal consolidations of old wallets and has prompted market participants to interpret the on-exchange deposit as a potential precursor to selling.
AI Analysis
Arkham and Onchain Lens report a 2,401 BTC (~$245M) deposit to Kraken and a remaining ~2,499 BTC balance; the transfer followed internal consolidations and market participants are interpreting the on-exchange deposit as a potential sign the holder may sell.
Expected Investor Sentiment: Bearish
Potential Market Impact: High
Source Articles