According to TechFlow TechFlow, on November 9th, Charles Edwards, founder of the crypto quantitative digital asset fund Capriole Investments, posted an article stating, "OG Bitcoin whale are selling off: the attached chart visually shows how many super whale are cashing out their Bitcoin. All lines in the chart represent OG Bitcoin holders who entered the market before 2018 and have held and transferred their Bitcoin for more than 7 years on-chain."
• Orange = OG (Original Gold) with a sell-off amount of $100 million or more.
• Red = OG (Original Group) selling off assets worth around $500 million.
The chart for 2025 is unusually colorful—indicating that OG whale are cashing out and leaving on a large scale.
