Bitcoin OG Transfers $106 Million to Hyperliquid, Unveiling Strategy Shifts

A significant transaction in the cryptocurrency world has left experts buzzing. A long-standing Bitcoin investor, known as a ‘OG’ (original gangster), recently transferred an impressive 968 Bitcoin, worth around $106.4 million, to the decentralized exchange Hyperliquid. This move was reported by blockchain analytics firm Lookonchain and came just before their report, sparking speculation across the crypto community. What exactly are these ‘Bitcoin OG’ deposits, and why did this investor choose Hyperliquid?