In poker terms, the guys with the big stacks can afford to play more loosely with confidence since they managed to hit big wins earlier on.
As the blinds go higher, donks on small stack can only afford to play defensively because a few mistakes will flush them out.
(Yes I missed the initial pumps and have been afraid of holding when I fomo into coins now because I’ll never know when a -20% candle will appear 🤣🤣)