Analysis: Large-scale selling by Bitcoin long-term holders may exacerbate future market fluctuations.

According to Mars Finance, as reported by Cointelegraph, Bitcoin “OG” (long-term holders) are transferring assets in large amounts to “paper hands” investors, and economist Peter Schiff warns that this will lead to a more severe market fall in the future. In October, Whales and long-term holders sold over 400,000 Bitcoins, causing the price to fall below $85,000. Early investor Owen Gunden has cashed out approximately $1.3 billion worth of 11,000 Bitcoins, and Robert Kiyosaki, author of “Rich Dad Poor Dad,” also announced that he sold all of his Bitcoins at a price of $90,000.