According to online reports, according to CryptoQuant analysts, since Bitcoin resumed its upward trend in early April, there have been obvious differences in the behavior of whale investors and retail investors on the Binance exchange. The BTC inflow of whale investors has continued to decline from nearly US$5 billion on April 12 to about US$3 billion currently, indicating that they prefer a holding strategy. Conversely, BTC inflows from retail investors increased from nearly US$12 billion to US$15 billion during the same period, but are still significantly lower than the historical highs of US$20 billion and US$27 billion. It is worth noting that the current total inflows from all types of investors are still far below the peak of the market. Historical data shows that the strategy of following whale investors is usually wiser than following retail investors,