1. When selling "whales": Exchanges, Funds, and wealthy organizations quietly do so to avoid price drops:
If whales publicly sell a large amount of BTC, the market will panic → prices drop quickly → they will end up selling at a lower price.
Typically, they sell in small orders, spread over multiple days or use OTC (over-the-counter) trading to avoid directly impacting the market price.
Some even “disguise” by alternating between buying small amounts to avoid detection.
2. When buying — publicly to drive FOMO psychology:
If whales reveal they are accumulating (for example, on-chain wallets receiving BTC, ambiguous tweets…), the community and smaller traders will rush to buy out of fear of missing the opportunity → prices rise quickly.
This allows them to realize paper profits immediately after buying thanks to FOMO buying pressure.
Additionally, public buying creates a narrative (“Bitcoin is about to surge”, “whales are back”) → attracting new capital inflow)
3. In summary:
Sell: quietly → keep prices high for as long as possible.
Buy: publicly → create FOMO for quick price increases.
