$BTC The 100,000 BTC Scenario — Not the End of the World
Say 100,000 BTC gets sold from an OG wallet.
At the current price of $109.37, that’s about $10.94 billion worth of BTC.
The total Bitcoin market cap is sitting around $2.175 trillion, so this sale would only be 0.5% of the total.
Now here’s the thing — markets don’t move on math alone, they move on emotion. So we throw in a little thing called a “panic coefficient” to see how bad it could get:
Moderate panic (k=2): Price dips just over 1%, landing around $108.24