Like people who explicitly bought or mined bitcoin with literally zero KYC back in the day when it was easy to do that. And are now moving the markets buying and selling. Is that still a thing or not?
I guess when bitcoin becomes an asset, store of value or even currency, the narrative has change. And then there are world financial bodies that want to control it, imposing KYC's. So yeah, that thing is gone already.
Or have pretty much all of the ancient whales touched an exchange or cashed out?
Maybe some of them haven't touch their bitcoin or cash it out. Others may have done it in succession every bull run, like in 2017 or 2021. Or some may have totally lost their access already, like this guy:
https://www.cnbc.com/2021/01/15/uk-man-makes-last-ditch-effort-to-recover-lost-bitcoin-hard-drive.html