They're waiting, when btc growth slows down, pumps are coming
Indeed, they are keeping an eye on the progress of Bitcoin and are keenly observing every single move of Bitcoins. Whales are definitely going to come back on the scene to show their power of affecting crypto market. If the Bitcoins keep on increasing, I think these waves will not be able to handle it in any way anymore.
Even if the price is very high at the moment I do not think a whale is going to sell at the current price, the price is simply not high enough, if I was a whale, which I’m not, I will not sell a single bitcoin until it reaches 5 figures I would not care how much I will need to wait.