The essence of a shakeout isn’t “buying/selling for the sake of grabbing coins,” but replacing people—pushing low-cost, wavering participants out and bringing in a fresh batch of more resolute believers. So next time, when you encounter a sudden crash, you don’t have to rush to blame the whales. If you understand, you’ll see:
That isn’t the end—it’s the necessary preparation before the next round of the market cycle.

Have the unsteady get off the ride, and let the steadfast continue.