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The cryptonews hub > Blog > Market > Here’s Why The Bitcoin Price Is Crashing – The OGs Are Selling
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Here’s Why The Bitcoin Price Is Crashing – The OGs Are Selling

Crypto Team
Last updated: November 5, 2025 7:22 pm
Crypto Team
Published: November 5, 2025
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wp header logo 397 Here’s Why The Bitcoin Price Is Crashing – The OGs Are Selling

The first of these belongs to an early Bitcoin whale, known only as 1011short, who moved their considerable stack of Bitcoin into various crypto exchanges. In total, the whale deposited 13,000 BTC into different crypto exchanges, which was worth a whopping $1.48 billion at the time of the deposit. The deposits went into exchanges such as Binance, Kraken, Coinbase, and Hyperliquid, starting as far back as October 1.

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