Activity has noticeably intensified, with the OG cohort holding Bitcoin for over 5 years—their 90-day moving average of spent UTXOs has risen to 1,500 BTC

Odaily News, according to Darkfost monitoring, the OG cohort that has held Bitcoin for more than 5 years has shown notably increased activity recently, with their 90-day moving average of spent UTXOs climbing to 1,500 BTC—double the level seen in May. The consolidation phase appears to have raised doubts among nearly all types of investors, including the most seasoned OG cohort. However, these transfers are not necessarily sells; some may involve moving Bitcoin to safer storage methods due to events like the Coldcard incident.