Bitcoin rotates from OG holders to TradFi buyers in latest market dip: CryptoQuant CEO
Summary
According to CryptoQuant CEO Ki Young Ju, the recent Bitcoin market dip is characterized by a rotation of ownership where original Bitcoin holders ('OGs') are selling their assets. These assets are being acquired by traditional finance (TradFi) buyers, including institutions, funds, pension funds, sovereign funds, and corporate treasuries, often through channels like ETFs. This shift indicates that new institutional liquidity is strengthening despite the market downturn, potentially altering traditional Bitcoin market cycle structures. The CEO emphasizes that strategy remains key, with new corporate holders likely adopting a long-term holding approach.
(Source:Crypto Briefing)