Bitcoin whales have not identified quantum computing risks as a reason for selling, according to Galaxy Digital, while institutional investors have flagged quantum concerns as a reason to avoid buying the crypto asset.
Key Takeaways
Galaxy analyst says bitcoin whales have not linked selling activity to quantum risks.Institutional investors have considered quantum fears when deciding whether to buy bitcoin.Old bitcoin supply movement surged before the “great distribution” largely came to an end.Institutional investors appear to be approaching the issue differently. “Have heard quantum fears as a reason not to buy from institutional investors, though,” Thorn revealed, indicating that concerns may be affecting potential buyers rather than existing holders looking to exit positions.
Galaxy’s ‘Great Distribution’ Saw Old Bitcoin Return to Activity“This ‘great distribution’ is mostly over and 2026 is on pace to see less than half the amount of awakened coins as last year.”
Bitcoin’s Quantum Challenge Remains Focused on Future PreparationThorn remarked:
“Work is being done on quantum and more work is coming, so I think those fears will assuage.”
The comment reflects the view that continued research and preparation could reduce investor concerns over time.
