Even though I am not sure, I think that I get your point slaman29. There are ways to use coin control and even coin management so that bitcoin transactions are not being made from large wallet balances. Anyone going back to various earlier bounces cannot necessarily know that the earlier hops are owned by the same person. There are ways that anyone can screw up, including having high balances on their wallets. I recall various times in both 2017 and also in 2021 in which I accidentally ended up having large balances on hot wallets because I either forgot the balances were there or I was thinking about the balances in terms of their earlier valuations, and between 2015 and 2017, bitcoin prices went up 78x, which is a lot of change in value, so that even a few hundred dollars in 2015 ended up being 10s of thousands of dollars in 2017... and a similar thing happened in 2021 when the value went up around 16x between early 2019 and various points in time in 2021.
Thanks @JayJuanGee yes I understand that every thing about Bitcoin is not perfect. Actually I'm trying to even remember what this thread was about but I think OP's point is something people overrate about Bitcoin privacy and especially about Bitcoin anonymity.
I consider myself a normal Bitcoin user, but I did start years ago so I know how to use Electrum and until today I still use it but I know most new people use easier apps which don't have coin control etc. And that point as you said, nobody can say for sure that if they keep tracking back earlier bounce that same person owns the wallet.
Me personally I do use a lot of hot wallets like on casinos I trust, and many forum members active in gambling send each other (including me) on these hot wallets so people tracking us might actually believe we are ll the same person.
2021 and 2017 was probably the last time we had sudden big values IMO, now even at ATH if we kept it for a year our values doubled or maybe tripled but I don't think we see again $100 becomes $1000 within a few years.
Your post really reminded me about my first account I had on a hot wallet (Casino). Hundreds of Tips from DOGE especially which were just worth 1 or 2 satoshi suddenly became for me 1000 satoshi each = huge amounts in dollars!