A very interesting set of transactions happened just a couple of days ago. Someone has moved chunks of 25,000 coins into bech32 addresses. What's really weird is that he has moved it into an huge list of different addresses:
https://www.blockchain.com/btc/tx/e4aaf711863d194cd8bdc04733e71b6a3296b788b5e7cd345dce17afde426841
https://www.blockchain.com/btc/tx/e8184cb85c93c073b83505856a88a87a2041480cb7410cc3cadaf59a9f8a417b
https://www.blockchain.com/btc/tx/a024efae4a970da9353a0e2a20381f4c567654f7052b86b5db6e69216a33ab77
https://www.blockchain.com/btc/tx/fc24c43f5f9593ba12bc35a43b46c8ce51732e03e669c9e3ae099aed4d3024fb
https://www.blockchain.com/btc/tx/ad11701c33aecf82c092a7182909ce16b63d4574f1569459e27e97d22cd5e29b
https://www.blockchain.com/btc/tx/257b4a8848541996857043e6d2f6319edddf5abde2776f4b49bb9e773cc4414c
He wants to increase his privacy by splitting them into different addresses? Anyhow, it could be said that whales trust segwit, or at least some whales do.
https://www.blockchain.com/btc/tx/e4aaf711863d194cd8bdc04733e71b6a3296b788b5e7cd345dce17afde426841
https://www.blockchain.com/btc/tx/e8184cb85c93c073b83505856a88a87a2041480cb7410cc3cadaf59a9f8a417b
https://www.blockchain.com/btc/tx/a024efae4a970da9353a0e2a20381f4c567654f7052b86b5db6e69216a33ab77
https://www.blockchain.com/btc/tx/fc24c43f5f9593ba12bc35a43b46c8ce51732e03e669c9e3ae099aed4d3024fb
https://www.blockchain.com/btc/tx/ad11701c33aecf82c092a7182909ce16b63d4574f1569459e27e97d22cd5e29b
https://www.blockchain.com/btc/tx/257b4a8848541996857043e6d2f6319edddf5abde2776f4b49bb9e773cc4414c
He wants to increase his privacy by splitting them into different addresses? Anyhow, it could be said that whales trust segwit, or at least some whales do.
A while ago I used to transfer my funds to paper wallets and I felt safer splitting them into many, many different addresses. After a while, I decided to split them into unequally valued paper wallets so I had a bunch of 0.01BTC papers, a bunch of 0.05BTC papers etc.. his funds might have been sent to cold/paper wallets, or who knows. Might be another rich holder securing his funds. Upon looking up the addresses I couldn't find any other results except the transactions you've also linked here.
But if he wanted privacy, he would use a mixer, and he wouldn't definitely split them into exact 254 BTC amounts. Now everyone knows he owns all these coins, he just split them into a bunch of different addresses. He needs to do a couple more passes into different amounts. Perhaps he is going to mix all of these bech32 254 BTC addresses using a mixer, since it's impossible to mix 25,000 BTC at once, it's too much, so he may dividing into smaller batches. Wow that must be such an headache to sort all these addresses out. Rich people problems I guess
