[Analysis: Mid-to-large BTC whales drive price drop and then buy back, retail investors continue selling] BlockBeats reports, on October 7, the cryptocurrency market experienced a pullback today. BTC CVD indicators show that the purple whales previously drove BTC prices down through continuous selling and are now buying back the BTC they had offloaded at lower levels. Red whales are also consistently buying after the price drop. These mid-to-large whales may have been the primary driving force behind the recent decline, but they have shifted to buying after the price retracement. Meanwhile, retail investors are still showing a continuous selling trend. [Original link]