Trumotion is disabled when the HDMI input is set to PC. Most of the settings you would normally turn off for an accurate picture, are by default, disabled on this mode.
https://www.reddit.com/r/OLED/comments/hfan8y/lg_cx_pc_mode_and_game_mode/
TLDR
"The downside I see to PC mode is many picture features are disabled/unavailable. Things like smooth gradation, super resolution, noise reduction, MPEG reduction, frame interpolation and such, though many of those features are things purists keep off and so do I. The only mode I miss is the RealCinema (5:5 pull down) for proper 24p content playback. The thing is though, I watch almost all my content (Netflix, Amazon Prime, Plex, Disney+) through the TV app, which is not through HDMI, so it does't even have "PC mode" so I still get RealCinema. And from what I understand, almost all movies and shows are mastered in 4:2:0 or 4:2:2 anyways."
Credit to
BlackKnightSix
on Reddit.
Also, contrary to what i read over and over, HDMI 2.0 does support 120hz @ 4k. It just doesn't support that whilst also using HDR
I play @ 4k 120hz all the time on my 1080 Ti.