Opinion: OG Bitcoin Whale Exiting in Large Scale Cash Out

BlockBeats News, November 9th, founder of crypto quant fund Capriole Investments, Charles Edwards, posted a message saying, "OG Bitcoin Whales Are Selling Off:

The attached image intuitively shows how many super whales are cashing out Bitcoin. Each line in the graph represents long-term holders of OG Bitcoin who entered the market before 2018 and have held for over 7 years, showing 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 unusually rich — indicating OG whales are exiting in a large-scale cash-out."