The biggest fallacy in the article is that people with large bitcoin balances are "comfortable" leaving their "wealth" there.
The market is very thin, any large selloffs would make the price drop significantly.
The market is very thin, any large selloffs would make the price drop significantly.
That would be enough to liquidate even the largest portfolio in 8 months. Certainly if you were uneasy about the market, that's exactly what you'd be doing (and maybe they are).