For sure there it is since we cannot deny that we really need to move some of our bitcoin to spend it on some other things we need or to use it on other options that can potentially give us money. I guess some people just over reacting on what they believe that once you are a bitcoin holder you shouldn't spend your bitcoins since for me this is really no sense to be done especially when you really need money and you don't have other means to get immediate funds.

But for sure those people who spend didn't want to take out everything and what they do is just to take small portion of their holdings so that they could able to continue their long term investment. Wall of Observer is good thread to observe the movement of people and we can learn a lot from their perspective since there are lots of good opinions shared in that thread.