We are getting rid of weak hands  . They are new to the market and have never witnessed a crash before. Hence, when they see the price dropping, the start to sell whatever they are holding. While others that has been in the market for a while knows that this is actually a buying opportunity, and hence if they can afford (the wealthy people), they buy even more and keep holding. When the price starts to rise again, those who sold before realizes that they have made a mistake. They then either quite or try again, but this time they don't fall for the price crash trap.

but the daily trading volume has been very low lately even during the big dump that happened a couple of days ago. in my experience this suggests that those with large amounts of bitcoin and even those with smaller amounts and even the weak hands are no longer falling for the panic sell encouragement and are not selling anymore. the reason for the drop was market manipulation which couldn't even last for more than a day.

Not sure what research has been done to reach this conclusion and we have to assume that the so called whales are either using one wallet to yet again to accumulate the coins to monitor these investment, if not an exchange has to release these details because they have complete control over their customers, so i would like to know about the research to reach these conclusion.

It may make sense to happen for the newbies and also the professionals. But, is that true the difference between newbies and wealth? How if the wealth is also a newbie and he is being panicked when the price keeps falling and he sells his Bitcoin in order to minimize the loss because of panic?
We know that maybe not all the wealth will do this thing. But, it also makes sense when they are here only because of the hype of Bitcoin or other cryptocurrencies.

And maybe not all newbies are also doing the same, being panic and selling their BTC when the price drops.
When we have been here for a long time but we still cannot control our strategy, we may also be panic and becomes a newbie that is driven to panic and sell off our assets.

But not all would really be minding of on holding but rather they do actively trade to see profits in shorter duration.Wealthy people are having that kind of mindset since theyre more experienced

but once those amateurs do really get the idea then thats the time that they would really know on how to play with the market.It do takes time though since capital would be an issue

not all would really be having bigger capitals or money to spent out on investment but doesnt mean that they wont able to make it grow.

"Data"
Common, just lol, somebody looked at addresses, and if in some ranges have grown more than addresses with a lower balance they have decided some are whales and some are amateurs.

Simple question, if I consolidate all the dust I have in 7 addresses of under 1BTC and send it to my main address what would it mean?
That seven fishes got eaten by an otter? I say more of that change was because of the drop in fees than the "amateur" selling.
The same thing for bigger addresses, this doesn't mean some investors are buying from "amateurs" it might simply mean that amateurs are buying from exchanges and leaving their coins there, as a real amateur would do!

I used to track those movements two years ago in a topic, more to see how bitcoins are getting spread around, but all the data was all over the place every time.

Just for fun, data from two years ago:
https://archive.ph/dG8re


vs


So I see a growth of 1200, 10 000, and 34 000 BTC in the wallets of amateurs. The whales are doomed!!!!

LE.
Fixed some typos!

Short-term trades are tough to do unless you are highly professional and maybe even applying algorithmic high tech. Other than that you usually lose against the market or at least are not able to make considerable profits. See with Amazon now, I want to see the guru whose technical analysis helped him identify the jump to $39k... Those who went short couldn't know rumors about Amazon will be leaked. Your TA doesn't help anything here.

The whales are usually the ones who really benefit the dips because of panic selling of the newbies. Hence, it's really essential to study first before diving into cryptocurrency. Otherwise, you'll just end up losing. The ones who will savor the victory will be the whales, who are just waiting for the right time to go shopping spree on all time low value of the coins they see potential on.

The whales have a nice strategy of controlling and manipulating the market flow. That is why when they decide to make a move, the faint-hearted are often the ones who lose the game. Those who are easily shaken with sudden price movements that think it will take a very long time for the coin's value to bounce back again are at the losing end. The moment you decide to sell your coins with lesser value than the value you originally purchased it on, it's a defeat on your side. Newbies must know the history, basics, and fundamentals before entering crypto world. Technical and data analysis knowledge is a must. Relying on some random advices will get you nowhere. You are responsible for your own money, so do your duty and make it grow.

That's a key difference and real reason why the rich will only keep getting richer. I was actively checking the market sentiment during the time that the market wasn't doing so well and it was either at "fear" or extreme "fear". And from what I know, the best time to buy anything is to buy when people are afraid and scared only to sell when everyone has hopped in and are excited - Knowing this, I kept adding to my BTC stash from time to time over the course of the dip and so far, it has paid off a bit ~ 10%+ with more coming soon.

If you can understand human psychology, you can understand the market. The market uses people's psychology to cause people's emotions. Generally speaking, investment is based on speculation. Beginners will only invest a part of their monthly salary. For them, they will always focus on market conditions, while whales will not. Whales will use beginners because they are more experienced and more experienced. Have a mindset.