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CoinDeskcoindesk.com

Bitcoin’s ‘OG’ investors have slowed selling in a bullish sign for the market (opens original article in a new tab)

TL;DR

Bitcoin's 'OG' investors have significantly reduced selling, with on-chain data showing the lowest selling activity in two years, easing pressure on the market.

  • Bitcoin 'OGs' have reduced selling activity to the lowest level in nearly two years.
  • Spent transaction data shows a decline in profit-taking by long-term holders, easing selling pressure.
  • OGs' holding at current prices may indicate a structural floor for Bitcoin's market.

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