Recent on-chain data indicates a significant decline in Bitcoin selling activity by long-term holders, known as "OG" Bitcoin investors. According to CryptoQuant, the 90-day average of spent transaction outputs (STXO) from these wallets has decreased from approximately 2,300 BTC to 1,000 BTC. This reduction suggests a decrease in market participation by early Bitcoin holders, potentially easing market pressure and reducing volatility. Historically, large movements from OG wallets have coincided with major price changes, with peaks in 2021 and 2024 preceding market corrections. The current downtrend in OG selling activity may signal a shift in market sentiment, as these long-term holders appear to be holding rather than selling. This behavior could contribute to price stability by decreasing the available supply in circulation.