Massive Crypto Selloff Complete: Early Bitcoin Investor Unloads Additional $230 Million

Early Bitcoin Holder Wraps Up $1.3 Billion Selloff with Fresh $230 Million Kraken Move

In a shocking turn of events, an early Bitcoin holder has completed their massive selloff of the digital currency by unloading another 230 million dollars worth on the popular crypto exchange, Kraken.

As reported earlier, this notable investor had already sold off an astonishing 1.3 billion dollars’ worth of Bitcoin, leaving many in the cryptocurrency community scratching their heads as to why they would choose to liquidate such a substantial portion of their holdings. Now, it appears that the selling spree has finally come to an end with this most recent transaction.

While some may be surprised by the sheer scale of the selloff, others are left wondering what motivated the early Bitcoin holder to make such a drastic move. With no clear explanation or statement from the individual themselves, speculation is rife as to whether they have simply cashed out their gains for other investments or if there’s more to the story.

One thing is certain however – this development has sent shockwaves throughout the cryptocurrency markets, with Bitcoin’s value experiencing a noticeable dip following the news.

Source: news.bitcoin.com