Bitcoin is a speculative market, so we can only speculate on the intent of why the coins have been moved in the first place, but with how btc price is on a spike to a new ath, I can believe that it's a bullish sign for Bitcoin, now that Bitcoin is being adopted by traditional institutions and individuals who didn't believe in the network prior to now, many of the news from now till prolly the end of next year will be good for Bitcoin and Bitcoiners, with more adoption to come next year, plus a race to it being a global market in years to come.
But the interesting thing is bitcoin was trading for less than 4K during this year and people didn't buy enough,even some people said it's going to die, now bitcoin is on it's ATH an people are greedy to buy more bitcoins.
That's the thing, the pandemic even make more people not to buy bitcoin or even believe that the halving will have a positive impact, right now, the opposite is the case and expectations are now quite high for Bitcoin next year, this obviously will cause a little bit of FOMO especially for newcomers.