CoinOtag
2025-11-20 13:13:20

Early Bitcoin Holder Sells $1.3B in BTC Amid Retail Fears, as Institutional ETF Ownership Rises to 40%

Owen Gunden, a prominent early Bitcoin investor, has sold his entire holdings worth $1.3 billion amid rising retail panic in the crypto market. Meanwhile, institutional ownership in spot Bitcoin ETFs has reached 40%, signaling confidence despite $2.8 billion in November outflows. Owen Gunden’s wallet transferred 2,499 BTC valued at $228 million to Kraken, completing sales

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.