Bitcoin "OGs" (long-term holders) are flooding "paper hand" investors with asset rotation, which economist Peter Schiff warns will lead to more severe market declines in the future.
In October, Whale and long-term holders dumped more than 400,000 bitcoins, sending the price below $85,000. Early investor Owen Gunden has cashed out about $1.30 billion worth of 11,000 bitcoins, and Rich Dad Poor Dad author Robert Kiyosaki has announced that he has sold all of them for $90,000.
Analysis: Large-scale selling by long-term bitcoin holders could exacerbate future market volatility
2025-11-23 03:53:05
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