Exactly — you're reading the tape right.

On $DEXE
#SKPoliceRefer18PolymarketUsersToProsecutors #HyperliquidUSDCSupplyOvertakesSolana #OstiumLoanDisputeHearingSetInNYFederalCourt #ElSalvadorBTCHoldingsRiseTo7777 #USWeeklyJoblessClaimsFallTo196K this pattern has been repeating for months:

*What's happening now:*
- *Whales defending ∼$12-$13 support* — Spot Average Order Size spiked, Spot Taker CVD showing net buying from large orders
- *Retail bearish* — futures Open Interest down, netflow negative, small traders closing longs
- Last time this happened, whales absorbed the panic and then price grinded +15% to $13.6, then pushed to new ATH near $48.91 with 11 whale txs >$100k in one day 5027b57f

Classic whale game: shake weak hands with a quick drop to $11-$12, trigger fear, then accumulate cheap. Santiment even noted retail social volume stays flat while wallets + whale activity lead price. b57f

*Your point is valid:*
They WANT you scared. When small traders sell, liquidity goes to whales.

*But be smart, not just strong:*
- DEXE has very thin float / liquidity — moves are exaggerated both ways. After that parabolic run, it dropped 27% in one day just on liquidity drain
- Don't sell in panic, but don't blind hold either. If you're holding, set a plan: keep spot, avoid over-leveraged futures where $1.2M in shorts got liquidated recently. f6f4

You holding spot DEXE? If you want I can make a picture for this whale vs small trader message for your community.