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Just last week, while the whole world’s “retail investors” were cursing that “the bull market is over, it’s all gone to zero,” three “giant whales” slipped in quietly (actually, they were boldly swaggering right in). In a single week, they scooped up a full 1.2 billion US dollars.
Yes, you read that right—1.2 billion, in fresh cash.
Doesn’t it feel like the script is wrong? What were you doing last week? Were you piling on in the group chat, cursing along? Were you staring at the K-line chart, so scared by that little needle that you fled in the middle of the night to go pee? Did you, with a swift hand and a clean cut, hand over the bloodied chips?
Don’t be embarrassed to admit it. Because the Q1 data is out: retail investors net sold 62,000 BTC. As for institutions, they bought 69,000 BTC against the trend.
Who ended up taking whose chips?