Consider, how insanely difficult it is normally for me to give you 100k - what do you have worth 100k that can easily be sold? Well, if you have one of these Bitcoin things, you can get 100k cash money in an instant. There are lots of reasons to move money in and out Bitcoin - nobody doing them is going to stop doing them.

I don't see that ever ending tbh

The scam is to hoddl - in theory the holders have made money, buying at way lower than it is now, but they have made nowhere near what the people playing the drops and "fluctuations" have (it's an incredibly manipulated market)