{"id":75471,"date":"2026-07-16T02:06:38","date_gmt":"2026-07-16T02:06:38","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/bitcoin-whales-are-not-selling-over-quantum-fears-analyst-says\/"},"modified":"2026-07-16T02:06:38","modified_gmt":"2026-07-16T02:06:38","slug":"bitcoin-whales-are-not-selling-over-quantum-fears-analyst-says","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/bitcoin-whales-are-not-selling-over-quantum-fears-analyst-says\/","title":{"rendered":"Bitcoin Whales Are Not Selling Over Quantum Fears, Analyst Says"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"@container mb-[25px] rounded-sm overflow-clip py-0.5 pr-0.5 pl-2.5 bg-success-100\">\n<div class=\"flex flex-col gap-m overflow-clip rounded-[6px] !bg-success-10 p-3 @[420px]:p-m\">\n<h2 class=\"m-0 flex items-center gap-s text-[19px] !text-[#1c1c1c] md:text-[20px]\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"10\" viewbox=\"0 0 16 10\" fill=\"none\" class=\"shrink-0 text-success-100\" aria-hidden=\"true\"><path d=\"M1 1.5h14\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><path d=\"M1 8.5h10\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><\/svg><span>Key Takeaways<\/span><\/h2>\n<ul class=\"m-0 flex list-none flex-col gap-m pl-0\">\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Galaxy analyst says bitcoin whales have not linked selling activity to quantum risks.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Institutional investors have considered quantum fears when deciding whether to buy bitcoin.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Old bitcoin supply movement surged before the \u201cgreat distribution\u201d largely came to an end.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<h2>Quantum Fears Appear to Be Influencing Buyers, Not Bitcoin Sellers<\/h2>\n<p> <span>Bitcoin<\/span>\u2019s largest holders have not attributed selling activity to quantum computing risks, according to Alex Thorn, managing director and head of firmwide research at Galaxy Digital, separating the technology debate from recent <span>whale<\/span> activity.<\/p>\n<p>On July 15, he <a href=\"https:\/\/x.com\/intangiblecoins\/status\/2077351930162991525\" target=\"_blank\" rel=\"noopener noreferrer\">wrote<\/a> on X:<\/p>\n<blockquote>\n<p>\u201cWe work with a lot of <span>whales<\/span> and none has mentioned quantum as a reason for selling.\u201d<\/p>\n<\/blockquote>\n<p>The comment suggests that quantum concerns have entered <span>bitcoin<\/span>\u2019s investment debate without becoming an identified reason for large-holder selling.<\/p>\n<p>Institutional investors appear to be approaching the issue differently. \u201cHave heard quantum fears as a reason not to buy from institutional investors, though,\u201d Thorn revealed, indicating that concerns may be affecting potential buyers rather than existing holders looking to exit positions.<\/p>\n<p>The distinction comes as <span>bitcoin<\/span> investors continue examining the reasons behind major supply movements from older wallets. Galaxy\u2019s research suggests recent <span>whale<\/span> activity reflects a broader distribution cycle rather than concerns about future quantum computing threats.<\/p>\n<h2>Galaxy\u2019s \u2018Great Distribution\u2019 Saw Old Bitcoin Return to Activity<\/h2>\n<p>Galaxy Research data show that large amounts of older <span>bitcoin<\/span> returned to activity during 2024 and 2025, creating one of the biggest waves of dormant supply movement in the network\u2019s history.<\/p>\n<p>\u201cAn enormous amount of old <span>BTC<\/span> came online and moved onchain in 2024 and 2025, rivaled only by 2017,\u201d Thorn <a href=\"https:\/\/x.com\/intangiblecoins\/status\/2077332358630383893\" target=\"_blank\" rel=\"noopener noreferrer\">stated<\/a> in another July 15 X post. The head of research labeled this period a \u201cgreat distribution,\u201d describing the movement of previously dormant coins back into circulation. He noted:<\/p>\n<blockquote>\n<p>\u201cThis \u2018great distribution\u2019 is mostly over and 2026 is on pace to see less than half the amount of awakened coins as last year.\u201d<\/p>\n<\/blockquote>\n<p><\/p>\n<p>The decline in awakened coins suggests the large wave of older <span>bitcoin<\/span> movement has slowed. However, on-chain movement alone does not identify whether coins were sold, transferred between wallets, moved by custodians, or used for other purposes.<\/p>\n<h2>Bitcoin\u2019s Quantum Challenge Remains Focused on Future Preparation<\/h2>\n<p>The quantum computing debate around <span>bitcoin<\/span> centers on whether future quantum machines could threaten existing cryptographic protections and whether the network can adapt before that becomes a practical risk. Researchers have examined potential vulnerabilities in digital signatures and possible approaches for strengthening <span>blockchain<\/span> security.<\/p>\n<p>The challenge for <span>Bitcoin<\/span> developers is preparing for a potential future threat before quantum computers reach the capability required to compromise existing protections. Any major cryptographic transition would require coordination across <a href=\"https:\/\/www.binance.com\/en\/price\/bitcoin\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">bitcoin<\/a> participants.<\/p>\n<p>Thorn remarked:<\/p>\n<blockquote>\n<p>\u201cWork is being done on quantum and more work is coming, so I think those fears will assuage.\u201d<\/p>\n<\/blockquote>\n<p>The comment reflects the view that continued research and preparation could reduce investor concerns over time.<\/p>\n<p>Quantum risk has also appeared in institutional research on digital assets. Coinbase Institutional has described quantum computing as a long-term consideration for <a href=\"https:\/\/www.binance.com\/en\/price\/bitcoin\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">bitcoin<\/a> and discussed possible mitigation strategies for addressing the threat.<\/p>\n<p>The market question now is whether quantum concerns remain a long-term consideration for investors or eventually become a factor in <a href=\"https:\/\/www.binance.com\/en\/price\/bitcoin\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">bitcoin<\/a> positioning. For now, Galaxy\u2019s comments indicate that the issue is influencing some potential buyers while remaining separate from reported <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-are-bitcoin-whales\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">whale<\/a> selling decisions.<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/bitcoin-whales-are-not-selling-over-quantum-fears-analyst-says\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) 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 \u201cgreat distribution\u201d largely came to an end. Quantum Fears Appear to Be Influencing Buyers, [&hellip;]<\/p>\n","protected":false},"author":11,"featured_media":75472,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/75471"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=75471"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/75471\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/75472"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=75471"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=75471"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=75471"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}