🚨 The original Bitcoin whale is exiting
Reports indicate that Owen Gunden, one of the earliest investors in Bitcoin since 2011, has sold his entire holding of $BTC , which amounts to 11,000 Bitcoins valued at approximately $1.3 billion.
This is a very significant move, especially coming from a figure with a long history in the market, and could be interpreted as a shift in confidence or a rebalancing of the portfolio.
However, before we consider this a “signal of collapse” or “market failure,” it should be placed in a wider context:
What could this mean?
Taking profits after a long-term rise
Diversifying assets away from Bitcoin
Financial liquidation or reallocation for personal or institutional reasons
It could be a short-term negative signal if followed by large sell-offs from major whales
The most important question:
Will this sale lead to a broader sell-off?
Or is it just an isolated event that does not reflect the overall market trend?
📊 Currencies in strong ascent:
💎 $NOM
💎 $RIVER
