The whales are selling - they might want to buy new cars or something. chill out - hodl and surf the wave.
If anyone goes in-depth and check for volume traded on exchanger can open your mind. Very high volume is selling. It means people are removing their investments by taking profit.
Guys - chill out. BTC is still at 8K. It's not like it dropped down to 1K.
Basically Bitcoin have "0" value for a person who doesn't know it. So just chill still there is long time to go to become Bitcoin's price stable globally.
If you're not okay with market volatility get out of crypto. It's down because it's part of its natural cycle.
In the digital world, nothing is natural, everything is predefined, predetermined and prespecified.