Whales don’t panic… they adjust.
Over $370M in $ETH was sold not out of fear, but to repay Aave loans and reduce risk exposure.
That’s the game most retail ignores: Leverage works… until it doesn’t.
Smart money doesn’t wait for liquidation.
They deleverage early, protect capital, and stay in control.
If you’re overexposed, you’re not investing , you’re gambling.
Watch what whales do, not what they say.