And what about the rumors about the possibility of Quantum Computing which I personally do not understand how it works.
I just believe that he is a pure hodler.
I believe that it is a pure hodler too. Writers are speaking of it being a sign of P2PKH encryption being broken however it seems like empty speculation.
I've heard that it's suspected to be one of Roger Ver's wallets. He used to have a lot of BTC and got some tax evasion charges. It's possible he had to move his old coins to pay taxes he owed.
Anyway, as I always like to repeat. Moving old wallets doesn't mean liquidating them on open market. Even if you decide to sell 1%, you will most likely not hold the rest on a legacy address and move the rest to Segwit. If you're to move old coins it's always a good idea to improve security, get it a hardware wallet and all that.
Also, you also move the coins when you trade OTC, which doesn't involve any market sales. Most large transactions are done this way.
I also read this
.