Key Notes

Owen Gunden, a Bitcoin OG, transferred 2,587.6 BTC ($290M) to Kraken within 10 days.

Whale deposits often precede heightened selling pressure and volatility.

Earlier on October 30, Bitcoin crashed to $108K but quickly recovered to $110K.

A Bitcoin wallet attributed to early crypto adopter Owen Gunden, reportedly holding over 10,000 BTC BTC $108 465 24h volatility: 4.2% Market cap: $2.16 T Vol. 24h: $77.83 B , has triggered alarm across the crypto market after on-chain data showed aggressive selling activity.

Owen Gunden, an early #Bitcoin whale with 10,959 $BTC ($1.19B), just deposited 1,448 $BTC ($164M) to #Kraken again 4 hours ago. https://t.co/KeV9RBb2a8 pic.twitter.com/FUWBLBXTPO

— Lookonchain (@lookonchain) October 29, 2025

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