no, alot of these wallets understand where BTC will end up in several years, so these minor dips or runups in price don't interest them.
+1
It is sufficient if bitcoin goes up, say 25% a year.
yeah, well it still makes zero sense unless these people are all wealthy before bitcoins.
How can someone possibly have millions of dollars in bitcoin, and not sell one single coin - not even one. Something is not right, I am trying to work it out.
If these people believe that much in bitcoin, all of them, to the point that of their 10 000 or more bitcoins, they cannot even part with one, then they cannot be mentally sound - or they are so rich that they do not care.
OR
as previous poster stated, perhaps almost all of these are dead wallets. That would make sense to me at least.