Gunden, who first bought Bitcoin in 2011, has been slowly moving his crypto fortunes around for years, according to Arkham Intelligence data, but has ramped up activity over the past month, including sending over $344 million to the centralized exchange Kraken. Arkham Intelligence claims these recent transfers suggest that Gunden has “sold” his entire Bitcoin stash of 11,000 BTC. However, it’s impossible to trace the fate of coins once they’ve been sent to a centralized exchange—it’s possible that he could be using Kraken to custody his coins, or to access the staking feature and earn yield on his holdings. Read more at decrypt.co