Important takeaways
- Owen Gunden transferred 500 BTC worth about $52 million to Kraken.
- The move continues Gunden’s pattern of sales activity as an early Bitcoin adopter.
Early Bitcoin investor Owen Gunden moved around 3,600 Bitcoin, valued at about $372 million, on Friday, according to data tracked by Lookonchain.
Of this amount, 500 BTC worth nearly $52 million was already deposited into Kraken, with the remaining 3,100 BTC expected to land on the exchange in the near future.
The OG Bitcoin election’s transfers occurred amid recent market volatility, with Bitcoin briefly falling below the key $100,000 level before recovering. The digital asset was trading at $101,841 at press time, down about 8% over the past week, for CoinGecko.
