So I'm new to the crypto investments. So can someone explain to me where are the whales that sold high? What are they waiting for? They would get more coins so a bigger ROI once everyone starts buying again. Or is there something else I'm missing.
All the whales who sold at high have already bought back the dip. If you to know what are the whales doing then you must think like one.
If I was a whale I would have sold at $60k and bought back twice the amount at $30k. So may be the whales did the same.
The reason why bitcoin price has not crossed $40k now is because of the panic sellers who sold their holdings in the FUD.