Actually it is. Imagine someone hybernate for a long time and a massive bitcoin amount is suddenly will be send to an exchange like 10k bitcoin, of course this will make everyone worried. Somehow those old bitcoin users are probably selling it especially if they are just a normal people and dont associated with trading itself. They can also talk to exchanges for otc deals instead to avoid being dumped on instead.
They can only be worried if they’re scared of a dump. I mean come on, it’s not like Bitcoin’s falling to the floor because somebody woke up and thought they should sell their coins.. I get it when people worry about someone selling $1B worth of Google stocks but not when someone drops some Bitcoin off. plus they’d be fools if they dumped significant amounts on markets unless they did it intentionally to manipulate. OTC brings them too many advantages to refuse it at that point.