Did retail investors really miss out? Clearly not! According to the data, retail investors holding <1 BTC increased their balance by 23,074 BTC over the past 30 days. Before this, they had three very noticeable buying sprees—around $66,000, $70,000, and $80,000. They’re quietly buying, just not talking about it. Keep in mind, anyone still playing Bitcoin in this cycle without getting wrecked by altcoins or liquidated in leveraged trades is a seasoned veteran—sharp and experienced. Of course, the market never cares about retail investors’ feelings; their influence is too small. In contrast, whales holding over 10k BTC started heavily accumulating at $66,000. At the peak, their 30-day balance increased by 140,699 BTC. This marks the largest net growth in nearly two years—a very obvious “accumulation” move! This is the law of the jungle in the market; it always moves in the direction of least resistance. When downward resistance becomes greater, it naturally chooses to go upward—until it encounters stronger resistance above.