Look at all the YWNers who post all night; they all know how to stay up.
I long ago gave up learning through the night since the negatives far outweighed what I gained from the exercise.
Then there are all the interruptions with coffee/refreshment breaks.
So for me; I wait too long for the Yom Tov and want to enjoy it with proper learning, davening, and seudos with my family and friends, and these pleasures won’t be the karbon for the all-nighter experience.