Bitcoin Whales Not Selling Due to Quantum Fears, Analyst Reports
Galaxy Digital researcher reveals large holders aren't citing quantum risks as a selling factor.
1Whales Don't Associate Sales with Quantum Risks
Galaxy Digital's Alex Thorn stated Bitcoin's largest holders (whales) haven't linked selling activity to quantum computing risks. Interviews with whales revealed none mentioned quantum concerns as a selling reason. This suggests technology debates should be separated from current market movements.
2Institutional Investors' Apprehensions
Institutional investors reportedly consider quantum risks in their Bitcoin purchase decisions. Analyst Thorn noted these investors cite quantum fears as a reason to avoid buying. This reveals a divergence in risk perception between potential buyers and existing holders.
3The 'Great Distribution' Period
Significant amounts of old Bitcoin moved during 2024-2025, marking one of the largest dormant supply movements in network history. Galaxy Research data shows this period, called the 'great distribution,' has largely concluded according to recent observations.
4Old Bitcoin Movements Slowing
The amount of 'awakened' coins in 2026 is expected to be less than half of last year's volume, indicating the large wave of old Bitcoin movement is decelerating. However, on-chain movements don't specify whether coins were sold, transferred, or used otherwise.
5Preparing for Quantum Threats
Bitcoin developers are working to strengthen the network before quantum computers can break current cryptographic protections. Research continues on potential vulnerabilities in digital signatures and blockchain security enhancements. Any major cryptographic transition would require coordinated effort across Bitcoin participants.
6Investor Sentiment and Market Dynamics
Galaxy Digital's comments show quantum risks currently don't influence whales' selling decisions but may affect potential buyers. Institutions like Coinbase Institutional view quantum computing as a long-term consideration for Bitcoin. Ongoing research is expected to gradually alleviate investor concerns about this technological challenge.
Original article: Bitcoin News — Bitcoin Balinaları Kuantum Korkusuyla Satış Yapmıyor