{"id":59586,"date":"2025-11-20T20:16:54","date_gmt":"2025-11-20T20:16:54","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=59586"},"modified":"2025-11-20T20:16:54","modified_gmt":"2025-11-20T20:16:54","slug":"bitcoin-plunges-to-86k-as-og-whale-sells-off-all-1-3-billion-btc-holdings","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=59586","title":{"rendered":"Bitcoin Plunges to $86K as OG Whale Sells Off All $1.3 Billion BTC Holdings"},"content":{"rendered":"<div>\n<p>Bitcoin\u2019s price actions took another turn for the worse over the past few hours, as the asset plummeted further to $86,000 on most exchanges for the first time since April.<\/p>\n<p>This means that the cryptocurrency has neared a main support line according to numerous analysts, but the more worrisome part is the behavior of some whales.<\/p>\n<p>Data shared by Arkham shows that Owen Gunden, a well-known Bitcoin OG who has held the asset for 14 years, has been on a massive selling spree lately. More precisely, the entity has disposed of 11,000 BTC since October, a stash that is worth $1.3 billion.<\/p>\n<p>The latest transaction on this front came earlier today when Arkham detected a substantial transfer of $230 million worth of the cryptocurrency to Kraken.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">OWEN GUNDEN HAS NOW SOLD ALL OF HIS $1.3 BILLION BITCOIN<\/p>\n<p>Owen Gunden was an OG Bitcoin whale who held BTC since 2011. Since late October he has sold 11K BTC worth $1.3 billion.<\/p>\n<p>He has just transferred $230M of BTC to Kraken, marking his final sale. <a href=\"https:\/\/t.co\/m0gQWCHrxZ\">pic.twitter.com\/m0gQWCHrxZ<\/a><\/p>\n<p>\u2014 Arkham (@arkham) <a href=\"https:\/\/twitter.com\/arkham\/status\/1991528115638800804?ref_src=twsrc%5Etfw\">November 20, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>This behaviour is quite different from that of other whales who have been <a href=\"https:\/\/cryptopotato.com\/btc-crash-triggers-spike-in-1m-bitcoin-whale-buys-on-chain-data\/\">accumulating<\/a> during the most recent broader crash, according to some reports, which pushed the asset from over $107,000 to $86,000 in the span of less than 10 days.<\/p>\n<p>With bitcoin dropping to $86,000 minutes ago, analysts now discuss the next major support lines that can halt the freefall. CW <a href=\"https:\/\/x.com\/CW8900\/status\/1991586670962176482\">outlined<\/a> a significant whales\u2019 buying wall at $85,000, which could be the first line of defense.<\/p>\n<p>The Wolf Of All Streets <a href=\"https:\/\/x.com\/scottmelker\/status\/1991556876786684322\">believes<\/a> BTC\u2019s situation could turn \u201ctruly disgusting\u201d if it heads to the 200 MA situated at $55,000.<\/p>\n<p>With its latest decline, BTC has liquidated over $410 million of longs in the past 24 hours, while the total value of wrecked positions across the entire market stands close to $900 million. Data from CoinGlass shows that the largest liquidation order occurred on HTX and was worth over $30 million.<\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/bitcoin-plunges-to-86k-as-og-whale-sells-off-all-1-3-billion-btc-holdings\/\">Bitcoin Plunges to $86K as OG Whale Sells Off All $1.3 Billion BTC Holdings<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin\u2019s price actions took another turn for the worse over the past few hours, as the asset plummeted further to $86,000 on most exchanges for the first time since April. This means that the cryptocurrency has neared a main support line according to numerous analysts, but the more worrisome part is the behavior of some [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-59586","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/59586","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=59586"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/59586\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=59586"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=59586"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=59586"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}