Selloff

El Salvador

2026-07-09 07:12:15

El Salvador Moves Bitcoin Stash Amid Quantum Fear; Analysts Warn of Potential Dump

El Salvador splits its 6,285 BTC into multiple wallets citing quantum security. Analysts suspect the move is a prelude to selling through OTC desks, calling the official reason a 'terrible lie'.

1900

Bitcoin

2026-07-08 19:50:14

Early Bitcoin Whale Owen Gunden Wraps Up $1.3B Selloff with Final $230M Kraken Transfer

Early Bitcoin adopter Owen Gunden has moved his final 2,499 BTC (~$230M) to Kraken, completing a month-long liquidation of over 11,000 BTC worth $1.3 billion. The move ends a 14-year holding period for the 2011-era whale.

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Bitcoin

2026-07-08 19:48:13

Early Bitcoin Whale Owen Gunden Exits with $1.3B Selloff, Final $230M Transfer to Kraken

Early Bitcoin adopter Owen Gunden sold over 11,000 BTC worth ~$1.3B between Oct and Nov 2025, ending with a $230M transfer to Kraken. The 14-year holder has now fully exited.

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bitcoin

2026-07-08 19:48:13

Early Bitcoin Whale Owen Gunden Wraps Up $1.3B Selloff With Final $230M Kraken Transfer

Onchain data shows early Bitcoin adopter Owen Gunden transferred his last 2,499 BTC (~$230M) to Kraken, completing a month-long liquidation of over 11,000 BTC worth $1.3 billion. The move ends a 14-year holding period.

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US stocks

2026-06-27 23:01:56

Chip Stock Selloff Drags US Stocks Lower; AI Valuation Concerns Spread as $8.5B Flows Out

US stocks ended the week lower, dragged by persistent weakness in chip stocks and growing AI valuation concerns. The University of Michigan survey showed long-term inflation expectations below forecasts, easing some rate hike fears, but failed to offset the selloff pressure. Two prominent Chinese hedge funds called AI stocks a bubble ready to burst. SoftBank shares fell after reports that OpenAI may delay its IPO to 2027. South Korea's Kospi index triggered a trading halt for the second time this week due to sharp declines in chip stocks. In the US, Bank of America data showed investors withdrew $8.5 billion from US equities, the first outflow in three months. Multiple analysts expressed skepticism about AI investment returns, with one CIO noting that Mag 7 and Bitcoin peaked nine months ago and have not recovered.

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