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Bitcoin OGs Make A Reversal After A Long Stretch Of Selling
According to crypto analyst Darkfost on X, Bitcoin OG selling has slumped in January after hitting a record high at the tail end of 2025. In reaching his conclusion, the pseudonymous analyst defined OGs as BTC holders with dormant coins for at least five years, citing Bitcoin’s “relatively young age.”
Darkfost noted that Bitcoin OG activity peaked in 2025, hinging his analysis on on-chain Unspent Transaction Output (UTXO) and Spent Transaction Output (STXO) data.Per the data, the last STXO peak reached a 90-day average of 2,300 BTC before plummeting to levels around 1,000 BTC in 2026.
Rather than offloading their BTC, Darkfost revealed that long-term Bitcoin holders are holding their coins amid renewed market optimism.
“This suggests that OGs have also slowed down their selling,” said Darkfost. “Their selling pressure, which can sometimes be massive, has clearly decreased, and the prevailing trend now seems to lean more toward holding rather than distribution.”



 Back in November, reports of OG whales offloading their BTC flooded the ecosystem. At the time, new players like Bitcoin treasuries and governments emerged as the biggest buyers, while several analysts downplayed the impact of the OG sales.
“It’s also worth noting that this cycle offered them a perfect window to sell, fuelled by the arrival of major institutional players and even government buyers entering the market,” said Darkfost.
Bitcoin Eyes $100,000 Psychological Level
Following the decline in OG selling, BTC flashed signs of strength, reaching an eight-week high of $97,860. After weeks of trading below $90K, the resurgence stoked enthusiasm for a stronger push toward $100,000.
At press time, BTC is trading at $95K, a crucial resistance zone that analysts say can make or break the run to six figures. Analyst Michael Poppe disclosed on X that Bitcoin holding the resistance level signals buyers and could trigger a $100K valuation in the coming days.
