Why do whales move Bitcoin around from wallet to wallet?

[natefielding]

Maybe they use it to something or it can be also because of the security matters..

[Searing]

Maybe they use it to something or it can be also because of the security matters..

IF you have a 'big' 'blooming' Satoshi era type wallet and just move, say 100,000,000 USD of BTC to Coinbase and let such sit...folk 'freak out' if they find
such as on 'whale tracker' and 'assume' you are going to sell...then you sit back and simply move it off without selling and buy the dip that you caused...
this only works if you have one big fricking wallet IMHO of major market shaking noteworthiness. (Ah, I could have been 'so evil' and played this game
if I'd only found out about BTC in Jan of 2009 (took  down like 5 towers of major bbs  game server that same month and year... I woulda been primed...loaded and set..sigh
....instead of 2013.)

[KyoRider]

• They used it to buy something or trade
• They are moving it due to security reasons

[sheenshane]

• They used it to buy something or trade
• They are moving it due to security reasons

I tend to agree on the last reason for security purpose why they are moving their Bitcoin to another wallet. But the fact is, there is no particular reason for this. We have a lot of theories and assumption about this, but they are the only one who knows the truth.

Probably they are just combining the total input in one wallet or it could be transferring funds from the cold wallet. But I believed most just because of the security matters.