any idea why institutions or individuals r moving / locking BTC to other chains like ERC20 BEP20 AVAX ? besides LN n Liquid other r using HTLC for bridges

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I don’t know but would hazard a guess and say because they’re clueless

agreed - guess is bulk of est 250000 BTC in those chains are institutional n secret kinda like GBTC or microstrategy(cant think they do)

You know better than me but could it be those fOunDatTioNs (e.g the Avax Foundation) that are doing it? Just guessing here