I guess it's what is happening a lot right now. Many people that entered early enough in Bitcoin are cashing out now because you can finally cash millions if not hundred of millions in bitcoins without crashing the entier market double digit by yourself, now there is enough institutional demand to absorb trillions while only pulling back like 20-25%.

These OGs are getting older, have bills to pay, kids to feed, retirement to secure, getting a nice house or want to diversify a bit just in case. Or just old rich guys like him, who lucky getting into Bitcoin while not understanding it really and are happy with the 10-15x gain. Some will regret, but I hope most of these people are just selling a fraction, 10, 15, 20% top, not 80-100% as many would like to believe.

Not everyone must be a hardcore maxi living alone in the wood with no partner no kids, saving on every sats to stack to death. People want to live their live and enjoy it while it last. Do what you want, we will not blame you but better not to brag about it, this is 🤡 for sure.

Just my 2 sats. GN GM.