reasons. 1 - 5% of their sales are going to the liquidity pool and 5% is being redistributed to other holders. Your position is growing because of it. 2 - The sooner whales dump their holdings, the better off the currency will be long term. It’s better that they dump little by little than heavily at the top.
Expect whale dumping to continue all the way up. Not a big deal. What is a big deal is how quickly these dips are eaten up. The dips disappear in minutes.