How many early adopters holding how many coins? Are these early adopters the same early adopters we'll be using in 2025 as an excuse for dumps instead of addressing the real issue of leveraged trading in thin markets populated by greedy speculators?
^Had to login to agree, it's exactly correct;
and only until massive increases in volume led by interests in bitcoin's utility rather than its speculative potential will the trend look any different.
Early adopters have already cashed out as much as they felt they needed to long time ago. I don't think that there are substantial amounts of BTCs being cashed out by early adopters these days.