On-chain analyst Willy Woo has advised Bitcoin holders to transfer their funds from Taproot (bc1p) addresses to SegWit (bc1q) or older P2PKH/P2SH formats. This recommendation aims to mitigate potential threats posed by quantum computing, which could exploit exposed public keys in Taproot addresses to derive private keys. Woo suggests making these transfers during periods of low network congestion to reduce risk. Former Bitcoin Core maintainer Jonas Schnelli supports the precautionary measure but notes it is not a permanent solution. The call for action comes as Bitcoin trades at $104,693, highlighting the ongoing concerns about quantum computing's impact on cryptocurrency security.