The digital asset market shows signs of instability as a wave of OG (Original Gangster) whales are offloading significant amounts of Bitcoin (BTC). One OG Whale moved 40,000 BTC, valued at around $4.75 Billion to a new address, raising speculation of impending sales. Another OG trader placed a $438 Million bearish bet. These actions coincide with Bitcoinβs price plunge to $86K. Typically bullish influencers in the space like Michael Saylor and Dan Morehead suggest building a base as OG Hodlers exit.
Yet, despite this apparent exodus, certain OG coins like 0G and ASTR have seen surges, and the OG meme coin, Dogecoin, has even managed to secure an ETF. Meanwhile, Bitcoin OG whales are showing interest in Ethereum: One has moved from BTC to Ethereum with a $330M position, and OG Bitcoin wallet dormant since 2011 moved over $460M in BTC.
Amid these chaotic movements, the crypto community sees a possible Altcoin season following ATHs of BTC and XRP. OG Tokens are pumping while legacy coins like LTC, BCH, and XMR lag behind. Despite the market's roller-coaster movements, analysts like Willy Woo suggest OG whales may not be cashing out after all while others suggest that OG whales are slowing Bitcoin's price rise.
OG Coin News Analytics from Sat, 18 Jan 2025 08:00:00 GMT to Wed, 10 Dec 2025 02:00:35 GMT - Rating -5 - Innovation 0 - Information 7 - Rumor 2