Bitcoin whale Owen Gunden liquidates $1.3 billion in BTC as institutional holdings rise

Owen Gunden liquidated 11,000 BTC since October 21, 2025, worth about 1.3 billion USD. His latest transfer included 2,499 BTC, valued at around 228 million USD, to Kraken.

Amid retail panic and bearish market conditions, institutional ownership of Bitcoin ETFs surged to 40%. The crypto market’s bearish index dropped to 20/100, suggesting significant market changes are ongoing.

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