Financial market legend and 19th-century banker Nathan Rothschild once allegedly declared...
"The time to buy is when there's blood in the streets."
As the story goes, Rothschild used this contrarian approach to amass a fortune.
That is how these whales play in the market,first they will create some panic at the market,then these weak hands will start to do panic selling which is the main aim of these big players so tha prices in the market would be lower,then they will search for a good entry point,sell it on the peak then re-peat until they have fullfilled their greed.