Why are some old time Bitcoin wallets moving BTC? We take a look at a theory and frame it with what I think the backdrop of Bitcoin is versus the misunderstanding.
https://news.bitcoin.com/has-bitcoin-been-co-opted-ancient-whales-sale-examined/
▶️ 3Speak
I think it's simple: they're finally taking profits.
Many said they would wait for Bitcoin to hit six figures before selling. Many of those OG accounts bought when Bitcoin was hundreds or thousands to purchase. Combined with Trump destroying the economy in realtime, people are taking profits and getting out so they have a buffer incase things get bad.
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Good, ole profit taking. It's time for them to cash out after holding for so long.
Some people just to take profits, I dont think it more complex than that :)
Taking profits and hedging themselves against the risk of Quantum computers perhaps.