A prominent Bitcoin investor, often referred to as an "OG" or original gangster in the cryptocurrency community, has made a significant move by placing a substantial bearish bet against Bitcoin (BTC) that is valued at over $400 million. This strategic decision indicates a belief that the price of Bitcoin is likely to decline in the near future, reflecting concerns or market trends that may influence the cryptocurrency's performance.
source: https://www.coindesk.com/markets/2025/10/10/bitcoin-og-raises-bearish-btc-bet-worth-over-usd400m