Data: The selling volume of Bitcoin OG investors has dropped to the lowest level in nearly two years, alleviating market selling pressure

According to CoinDesk, CryptoQuant data shows that the recent selling activity of "OG" investors holding Bitcoin for over five years has significantly slowed down, with their 90-day average selling amount dropping to 962 BTC, the lowest level since November 2024. Analysts point out that during the bull market cycle that began in early 2023, OG investors sold the largest amount of Bitcoin in history, especially during multiple sell-off peaks in May 2024, February 2025, and September 2025 when prices soared, with single-day sales exceeding 142,000 BTC. The current trading price of Bitcoin is around $63,000, close to the breakeven point for this group of OG investors who purchased five years ago, and their choice to continue holding rather than selling has effectively alleviated market selling pressure. The outflow rate of spot ETFs has also slowed down over the past two weeks, further confirming that selling pressure is decreasing.