⚡️🔎 NEW - A Bitcoin whale is said to have sold $1.3 billion worth of BTC after holding onto it for 14 years.

According to Arkham, the wallets were linked to Owen Gunden, one of the first Bitcoin arbitrage traders.

He was once considered one of the three biggest billionaires in the cryptocurrency sector.

Arkham claims that these recent BTC transfers to Kraken suggest that Gunden has sold all of his 11,000 bitcoins.

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Discussion

What does he know that everyone else doesn't.

Maybe they don't want to wait for the weeks/months/years long that it may take to bounce back 🤔

Each new Arkham label trains ppl to treat chain surveillance as normal. I care less who sold and more how 14 years of history becomes a dossier. At Masters of The Lair we track that risk.