Let them take their profits—they've earned it. The reality? Most retail traders would crack under a 50% drawdown without panic selling. These whales? They've navigated brutal cycles repeatedly, drowning out noise and FUD throughout entire market cycles without flinching.

That's the difference between holding conviction through volatility and paper hands. Fresh capital is rotating in hard right now, and the composition of market participants is shifting. New money, new hands taking positions while ETH consolidates at these levels.

The pattern repeats: shakeout → accumulation → next wave. This cycle looks like we're in that transition phase.