What is the possibility that that person had other stash else where that they have been slowly cashing out whilst that bigger stash has been on HODL. I mean we do have those old Satoshi era addresses getting active sporadically like this case --- Satoshi-era wallet (Jan 2009) moves 50 BTC. And that more is more than enough to make life easy flowing for a while, leaving the bigger stash untouched for years.

This movement represents security upgrade other than sale as coins were moved to new addresses not for exchange. It is very rare for individuals to stumble upon such old large Bitcoin stashes. These usually belong to early adopters those who recovered lost keys. And if we talk about quantum computing while it could theoretically threaten Bitcoin encryption by breaking its security algorithms like ECDSA current quantum computers are not powerful enough and experts believe real threat is still almost decade away. Bitcoin community is actively working on post quantum cryptography to develop new quantum resistant security measures and can upgrade Bitcoin protocol to implement these ensuring its long term safety.

It seems to be pure hodler, but on the other hand I could hardly believe anyone holding 14 years and didn't get interested to make some sell once in a while, this guy literally holding BTC from when it was less than $1 all the way to $100,000.
If he's a hodler, he's a really good one at that .

Admit it, whose bitcoins are these? And of course, let's theorize. I don't believe this is a long-time hodler. It's very unlikely, no matter how rich a person might be, it just doesn't make sense. Absolutely illogical. I'm sure there's a story behind it... some kind of Hollywood script. The possible options are limitless... Maybe the CIA was looking through confiscated disks, maybe an uncle died and left his old computer in the garage, maybe... a lot could happen, maybe a person woke up from a coma... maybe a person spent all these 10 years picking the key or...

I registered here just to create this thread, but someone beat me to it. In short, I'm sure this isn't just a hodler. There's definitely a story behind this.

Still no clear information about what this BTC movement is all about.

For all I know it could be an OTC deal and now changing hand or something else.

We'll let the expert blockchain tracker figure out the truth but hopefully it won't just get dumped to the market because it's not some measly amount.

Just all logic denies that this was a hodler's move. The probability of such a thing is extremely low. 14 years of hodling – that's either a very successful person, and I mean at a billionaire level, or an idealist with a very advanced ideology, or it's still a story we'll probably never know. But definitely not a simple one. This is absolutely not an ordinary hodler. After 14 years, even at the $5,000 mark, an ordinary hodler would have already sold. There were countless points where a typical hodler would have sold. There's definitely some kind of story here, but no one is going to draw attention to themselves after becoming a billionaire. If someone tries to dive down the rabbit hole, at most they'll find what's already on the surface. Only the owner of the wallet can reveal this secret. But I am absolutely sure – this was not the move of a hodler whose bitcoins these were. It could be anything, but not a specific person who hodled for so long.

Nothing. I don't think much about that because even if he want to sell in a price more than $200k, that will be that person decision. We may difficult to find who is that person if that person don't want to show up. We also don't know that person so why we bother think that? If he want to sell his Bitcoin, he will use the way that he want. He may a pure hodler but if I were that person, I will not move my Bitcoin if nothing bad happen and I will keep it to the safe place. Many speculation about that person why he moved his Bitcoin.

Even if they want to sell those bitcoins, there is nothing to worry about because usually for such large sell orders, they will sell them through OTC instead of selling directly on the market. Because selling directly to the market not only negatively affects the market but also does not benefit the seller. Because when the market panics, prices will drop significantly and they will not be able to sell at the high price they expected. Additionally, selling via OTC will ensure more privacy and security as well as higher liquidity.

Whoever are the owner/s of those wallets, they're certainly have the diamond hands that we're talkinga about. While a shrimp like us won't get close to that kind of wealth but if I am one of the holders of those wallets. I'd probably sold when Bitcoin reached $200, $1000 to $20000 for the past bull runs.

It's the same as AI, they're all buzz words just to make some hype.

I've been hearing that since I was new to Bitcoin. There was even another technology that was named before and said that it would destroy blockchain and would be able to decrypt wallets.

But where is it now? I even forgot what it was called. And so, all of these quantum computers, algorithms, or whatever they call it. It's just there to scare people, to scare holders, and so you will start selling and think that Bitcoin is doomed.

While they're able to successfully make those scared ones forced to sell, and they'll take it cheaply.