On November 9th, Charles Edwards, founder of the crypto quantitative digital asset fund Capriole Investments, posted a message stating, "OG Bitcoin whales are selling:
The attached chart visually shows how many super whales are cashing out Bitcoin. All the lines in the chart represent long-term holders of OG Bitcoin who entered before 2018 and have been holding on-chain for over 7 years, transferring out their holdings. · Orange = OG whales selling amounts in the billion-dollar range. · Red = OG whales selling amounts in the five-hundred-million-dollar range. The chart for 2025 is unusually colorful—indicating that OG whales are cashing out on a large scale."
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DragonSoars
· 11-10 00:36
The main trend is a pullback; it's better to short on rallies and not go against the emerging trend. No one can oppose the trend.
On November 9th, Charles Edwards, founder of the crypto quantitative digital asset fund Capriole Investments, posted a message stating, "OG Bitcoin whales are selling:
The attached chart visually shows how many super whales are cashing out Bitcoin. All the lines in the chart represent long-term holders of OG Bitcoin who entered before 2018 and have been holding on-chain for over 7 years, transferring out their holdings.
· Orange = OG whales selling amounts in the billion-dollar range.
· Red = OG whales selling amounts in the five-hundred-million-dollar range.
The chart for 2025 is unusually colorful—indicating that OG whales are cashing out on a large scale."