Zhu Su, co-founder of Three Arrows Capital, asserts that the gradual exit of early Bitcoin holders (OGs) enhances the cryptocurrency's long-term stability. He noted that these OGs have been distributing their holdings since Bitcoin was valued at $1, and each distribution cycle strengthens Bitcoin's "monetary properties." Zhu Su emphasized that Bitcoin's resilience does not rely on individuals holding their coins indefinitely, citing that many early adopters cashed out when Bitcoin hit $1,000 in 2013. Additionally, Zhu Su highlighted that investors in MicroStrategy are essentially paying for Bitcoin exposure, with Michael Saylor acting as a representative rather than the primary beneficiary. This perspective suggests that the market's evolution and the diversification of Bitcoin holders contribute positively to its enduring value.