X @Arkham

Whale Activity - An OG whale, Owen Gunden, has been holding BTC since late 2011 [1] - One month ago, the whale held approximately $1.4 billion (1.4B) in BTC, equivalent to 11,450 BTC [1] - The whale offloaded 6,100 BTC, valued at $616 million (616M) [1] - The whale's remaining BTC holdings are now valued at $542 million (542M) [1] Market Implication - The sale of $616 million (616M) in BTC by a single whale may have implications for market dynamics and liquidity [1] - The market is observing whether $500 million (500M) is sufficient for the whale's financial goals [1]