Yesterday, there was a net outflow of more than 100 coins from whale addresses. Since the drop occurred after midnight, I expect the fluctuations in whale addresses today to be even greater. However, I don't anticipate it will be too much. As long as there isn't an increase in net outflows from whale addresses, a few hundred coins of fluctuation is quite normal.
The focus now is on the net inflow of over 10,000 coins over the weekend; what does it actually represent? If it represents an active effort to absorb chips, then why not wait until the price is lower, like now, to buy more? What I can think of is that we retail investors care about fluctuations of a few hundred to a thousand points, but for whales, or the main players, they are more concerned about prices much further down the line. Additionally, the main players' accumulation actions don't always happen at very low positions; the positions where a lot of chips are thrown may also be where a lot are picked up, especially during the entire bottom phase.
I also mentioned yesterday that whether the main players push the market up or not depends on whether the number of chips in hand meets expectations. If not, the process will be characterized by fluctuations up and down, like the drop that happened today. Furthermore, the main players need to observe the overall market situation regarding shorting and going long, how to pry chips from retail investors while also harvesting leveraged users, maximizing benefits; these are all matters that the main players need to control.
Regardless, the mantra remains: buy little on small dips, buy big on large dips, lay out in batches, and gaze into the distance. $BTC
