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Bitcoin OG Selling Hits 20-Month Low
The biggest sellers throughout this cycle were long-term holders (5+ years), but that trend is fading fast.
#BTC spent by OG holders (90D Average):
🔹 May 2024 → 3,860 BTC
🔹 Feb 2025 → 3,200 BTC
🔹 Sep 2025 → 2,360 BTC
🔹 Today → Just 962 BTC
That's the lowest level since November 2024.
Despite $BTC trading near the highest prices these holders have ever seen, they're choosing to HOLD instead of sell.
Less OG selling = Less market supply.
Supply shock is built during boredom, not euphoria.