The post OG Bitcoin Selling Slows Sharply: Long-Dormant Coins Go Quiet appeared on BitcoinEthereumNews.com.

Bitcoin has pushed above the $95,000 level for the first time since mid-November, reigniting debate across the market. For some analysts, this move represents a constructive breakout that confirms underlying strength after weeks of consolidation. For others, the rally is viewed with caution, framed as a classic relief move occurring within a broader corrective or bearish structure. With sentiment split and volatility compressed, the market is once again searching for confirmation rather than direction alone. Adding an important layer to this discussion, an analysis by Darkfost highlights a notable shift beneath the surface: OG Bitcoin activity has dropped sharply. OGs—holders whose coins have remained dormant for several years—have historically played a key role during major cycle transitions, often distributing aggressively near macro tops. During this cycle, their activity surged earlier, coinciding with strong institutional demand and elevated prices. However, recent data shows that this selling pressure has slowed significantly. This decline in OG spending suggests that long-dormant holders are no longer actively distributing into strength, reducing a major source of structural sell pressure. While this does not guarantee immediate upside continuation, it changes the risk profile of the current move. With fewer legacy holders selling, price action above $95K is now being shaped more by marginal demand and derivatives positioning than by long-term distribution, making the next phase especially critical to monitor. OG Selling Pressure Fades as Long-Dormant Coins Go Quiet Darkfost’s analysis uses UTXO behavior to understand how long-term holders are acting beneath the surface. UTXOs, which track when and how previously unspent Bitcoin is moved, provide a reliable way to identify activity from OG holders—coins that have remained dormant for several years. When these coins move, it usually signals intentional distribution rather than short-term speculation. Earlier in this cycle, OG activity was unusually elevated. Long-held coins were spent…

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Filed under: News - @ January 15, 2026 3:27 am