The claim that “old money” investors have stronger Bitcoin “diamond hands” is not verified by the available source material. The original speaker and publication have not been identified, and no supporting comparison or statistic was found. Treat the headline as an unconfirmed claim—not an established finding about how traditional wealthy investors behave.
What does the headline claim—and what is actually confirmed?
“Diamond hands” is slang for holding an asset through volatility rather than selling. In this headline, “old money” appears to mean established or traditionally wealthy investors, but the exact group is not defined. Without a source explaining those terms or showing how investors were compared, the headline does not establish that one group holds Bitcoin longer than another.
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The source behind the exact headline could not be identified in the searches documented for this article. The speaker, date, original wording, and evidence for the comparison therefore remain unknown. No attributable quote or named statistic supporting the central claim was verified.
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What is known about BingX—and what it does not prove
Cointelegraph published a commissioned BingX interview on May 20, 2024, titled “What’s in store for crypto exchanges this bull run — Interview with BingX”. The page identifies BingX as the commissioning party and quotes chief product officer Vivien Lin on the exchange’s products and social trading. It does not connect Lin to the “old money” claim.
A BingX announcement distributed through GlobeNewswire on August 3, 2026, named Kevin Lee as the company’s chief strategy officer: BingX appoints Kevin Lee as chief strategy officer. That announcement provides role context only; it does not identify Lee as the headline’s speaker or substantiate the comparison.
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What evidence would support a comparison?
A credible claim about who holds Bitcoin through downturns needs more than a wallet balance or a broad label such as “old money.” Any underlying report should make the comparison testable by specifying:
- Who counts: how “old money” and the comparison group are defined, and whether the subjects are individuals, funds, ETF investors, or exchange-linked addresses.
- What behavior was measured: a defined holding period, realized sales, or wallet movements—not an assumption that a balance proves conviction.
- When it was measured: the market period sampled, including whether the period contains a downturn.
- How identities were established: a wallet address is not automatically a person, and address-level activity cannot by itself demonstrate an investor’s motives.
No relevant named statistic or attributable executive quote was verified for this headline. That means the comparison is unsupported by the material located here; it does not prove that no relevant data exists elsewhere.
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How to read the claim responsibly
Until the original article or interview is available, readers should not treat this as evidence that wealthy traditional investors are more resilient Bitcoin holders, or use it to make an investment decision. The verified BingX coverage establishes that the company commissioned a separate 2024 interview and announced a strategy-chief appointment in 2026; neither item independently confirms the headline’s claim.
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