Quantum Risk and the Case for Moving Old Bitcoin
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Some analysts believe security — not selling — may explain why early wallets are becoming active. Older Bitcoin UTXOs have already exposed their public keys, making them theoretically more vulnerable if quantum computers ever become capable of breaking elliptic-curve cryptography. While most experts believe such machines are still years away, preparation discussions are becoming louder.
For security-conscious early holders, moving coins to newer addresses may be a proactive step rather than a bearish signal. Even without imminent quantum threats, repositioning funds can reduce future risk and align holdings with evolving best practices — reminding the market that not every whale move is about cashing out.