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Bitcoin OGs Are Dumping BTC: Early Winter or Pre-Rally Blues?
Yahoo Finance·2025-11-03 18:48

Bitcoin started the week on a shaky note as bears took over the broader crypto market in the early hours of Nov. 3. As of writing, BTC slipped to 107,000,markinga2107,000, marking a 2% drop in its market cap. This drop follows a wave of exchange deposits from early Bitcoin holders, often referred to as “OGs.” According to Lookonchain, an early Bitcoin investor has deposited roughly 13,000 BTC (worth 1.48 billion) to Kraken, Binance, Coinbase, and Hyperliquid since Oct. 1. Similarly, another OG, Owen Gunden, has moved 3 ...