Participants in the crypto market often exhibit interesting oppositional behaviors. According to analysis from a well-known on-chain data platform, the chart of average spot order size clearly demonstrates this phenomenon: retail orders(red dots) and whale large orders(dark green) tend to move almost in complete opposition.

When prices rise, the screen is filled with dense red dots surging upward—this is the FOMO chasing high by retail investors playing out in real time. Conversely, whenever prices pull back, large dark green orders quietly appear in clusters, indicating that big players are taking advantage of the dip to position themselves. Retail investors often cut losses and exit when they can’t hold on anymore, while whales, already full and satisfied, wait patiently for the next upward wave.

From current on-chain data, the market is in a phase of price decline and whale accumulation. This suggests that smart money is quietly building positions, while most people are still panicking or hesitating to watch. This is not mere speculation; on-chain data is revealing a tangible reality happening right now.

The key trading insight is: don’t let emotions drive your decisions. When the market falls into panic and you start doubting whether to run, take a look at the on-chain movements of whale wallets. If big players haven’t exited, then retail panic is overdone. A more pragmatic approach is to control your positions, gradually accumulate during pullbacks, rather than chasing highs after a clear rally. In this market, patience and contrarian thinking are often the scarce weapons that can surpass most participants.