July 5, 2026

OG Bitcoin investors trim positions as ETF outflows remain stable

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Early Bitcoin investors, often referred to as “OG whales,” are selling portions of their holdings, contributing to a decline in Bitcoin ETF assets under management to $130 billion, although ETF outflows are only $7 billion, indicating that most holders are not selling. These OG whales are adjusting their portfolios as Bitcoin becomes more integrated into traditional finance, reflecting a broader trend of early adopters capitalizing on their positions as the market matures.

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