Owen Gunden, Bitcoins earliest billionaire, dumps it all $1.3 billion sell-off sparks fresh panic in crypto world - BTC total collapse near?

Bitcoin slid to $82,921.11 today, dropping $3,602.84 or 4.16%, as early billionaire holder Owen Gunden fully liquidated his entire 11,000 BTC stash worth roughly $1.3 billion since October 21, 2025. His final transfer of 2,499 BTC valued at about $228 million to Kraken confirmed a complete exit and triggered fresh market panic. The sell-off hit during severe bearish conditions, with CryptoQuants Bull Score Index plunging to 20/100, its weakest cycle reading. Analysts warn the timing, scale, and sentiment shock from Gundens exit add to fears of deeper Bitcoin downside.