Zhu Su: The exit of Bitcoin OG is not bearish; instead, it strengthens Bitcoin's long-term "monetary attributes."

The co-founder of Three Arrows Capital, Zhu Su, stated that the gradual exit of early Bitcoin holders (OG) is not as pessimistic as it seems.

He pointed out that since the price of Bitcoin was still at the $1 stage, OGs have been continuously distributing their chips, and each round of chip redistribution actually enhances Bitcoin's long-term health and "monetary nature." Zhu Su indicated that if Bitcoin had to rely on any individual for long-term holding to sustain itself, it would have already failed; historically, there have been many early participants who successfully cashed out and retired when Bitcoin reached $1,000 in 2013. He also mentioned that investors in Strategy (MSTR) are essentially paying for Bitcoin risk exposure, with Michael Saylor being more of an "incarnation" in this process rather than the sole beneficiary.