Who is Owen Gunden? Bitcoin wizard sells off all his coins worth $1.3bn

Owen Gunden, famously known as the Bitcoin wizard, has sold off his entire BTC holdings worth $1.3bn, according to several reports. Gunden reportedly bought the coin when it was valued under $1. According to a report by Tron Weekly, he has sold off around 11,000 BTC. His exit comes at a time when major institutions are putting more money into Bitcoin through spot ETFs, at the same time that many everyday investors are becoming more sceptical or worried about the market. Many experts view this as a profit-taking move rather than a market trigger.