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Opinion: OG Bitcoin Whale Exiting in Large Scale Cash Out

2025.11.09 10:24:20

On November 9th, Charles Edwards, the founder of crypto quant fund Capriole Investments, posted a message stating, "OG Bitcoin Whales Are Selling Off: The attached image intuitively presents the number of super whales selling off Bitcoin. Each line in the graph represents long-term holders of OG Bitcoin who entered the market prior to 2018 and have held for more than 7 years, as shown in on-chain transactions. · Orange = Sell-off amount at the $100 million level of OG. · Red = Sell-off amount at the $500 million level of OG. The color scheme for the 2025 chart is exceptionally rich — indicating that OG whales are exiting in a large-scale cash-out."
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