ME News reports that, as of September 5 (UTC+8), according to data from Darkfost, the OG group holding Bitcoin for over five years has recently shown significantly increased activity, with the 90-day moving average of spent UTXOs rising to 1,500 BTC—double the level seen in May. The consolidation period appears to have sparked concern among investors of all types, including the most experienced OGs. However, these transfers do not necessarily indicate selling; some may be due to relocating Bitcoin to more secure storage methods, such as in response to the Coldcard incident. (Source: ODAILY)
Bitcoin OGs spend an average of 1,500 BTC daily, with activity increasing
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Summary
Bitcoin news shows OG holders active again, with the 90-day spent UTXO average reaching 1,500 BTC. This update marks a near doubling from May levels. Despite rising transaction volumes, most movements may not indicate selling, as some are linked to shifts toward safer storage following the Coldcard incident. The activity suggests growing unease among investor groups amid ongoing consolidation.
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