Bitcoin Holders Shift Assets Amid Market Concerns

According to ChainCatcher, Cointelegraph reports that Bitcoin's long-term holders, often referred to as "OGs," are transferring significant amounts of assets to less experienced investors, raising concerns about a potential market downturn. In October, both large-scale investors, known as whales, and long-term holders sold over 400,000 Bitcoins, leading to a price drop below $85,000. Early investor Owen Gunden has liquidated approximately 11,000 Bitcoins, valued at around $1.3 billion. Additionally, Robert Kiyosaki, author of 'Rich Dad Poor Dad,' announced the sale of all his Bitcoin holdings at a price of $90,000.