🔥🔥The old whale sells 11,000 Bitcoin🔥… and the price collapses to $82,000!
1. The whale Owen Gunden liquidates his historical wallet (11,000 BTC)
Early investor Owen Gunden, one of the first Bitcoin holders since 2011, owned more than 11,000 BTC worth over $1.3 billion at the time of sale.
During October and November 2025, he began gradually transferring all his balance to the Kraken platform.
The last batch was on November 20, 2025: about 2,499 BTC worth $228 million.
2. Did the sale cause Bitcoin to fall to $82,000?
In fact, Bitcoin dropped to $82,000, its lowest level in months.
Gunden's sale was a significant contributing factor, but it wasn't the only one.
The major factors include:
Billions of dollars exiting ETF funds during November.
Ambiguity in U.S. Federal Reserve decisions regarding interest rates.
A wide sell-off from whales coinciding with a sharp rise in fear levels.
But what’s certain is that the news of OG's wallet sale of this magnitude heightened panic among traders and accelerated the collapse.
3. A historic sell-off from old wallets
Over the last 5 months (June–November 2025), a large number of old wallets—from 2011 and 2012—began full liquidation after more than 13 years of holding.
Data from Arkham and Glassnode confirms a 5% decline in long-term holders’ holdings in the last quarter.
This indicates a significant shift in the market:
Old individual investors are exiting… while large institutions are entering and buying in the shadows.
$BTC #btc #انهيار_العملات