Debuking the “OGs are dumping” Narrative with Facts & Data (Live View)

Knowledge is power. This is simply the data. It is telling a story that this 'selloff' is being driven by short-term hands, not OG distribution.

• Last 24h: ~95.7% of all BTC spent came from coins <7d old; 4–8y and 8y+ together were ~0.1% of flow. Short-term cohorts realized large net losses, classic capitulation.
• Last 7d: ~93.5% of spending was <7d; older cohorts were a tiny share of volume. Where older coins did move, it was mostly measured profit-taking (e.g., 1.5–2.5y, 4–8y, 8y+ show net gains), not broad distribution.

Context: We’ve seen this pattern many times on 25–30% retraces during uptrends... panic from recent buyers while long-term holders stay quiet and wait for higher prices.

Bottom line: The data doesn’t support the “OGs are dumping” narrative; it shows short-term fear dominating flows while long-term supply remains largely patient and scarce.