Tonight, the "Gathering of Heroes" sees the Whale perform buy-the-dip, accumulation, liquidation, and onlooker behaviors, where only those who respect the market can sail far.

June 6th. Tonight is bound to be a sleepless night for stock and crypto investors. Driven by better-than-expected U.S. employment data, the U.S. stock market opened lower and plunged sharply immediately. As of press time, the downward trend shows no signs of abating, with the Nasdaq down 3.00%. Several previously hyped AI stocks have seen significant pullbacks. The crypto market is even bloodier. As anticipated, the familiar scenario of liquidations and position rebalancing has unfolded. But tonight, multiple whales are riding along with this: One whale, who went long with 104,772.57 WETH on-chain, has suffered partial liquidation. Notably, this is the same whale that bought the dip during El Salvador's February sell-off. Yet times have changed. As this whale helplessly watched their position get liquidated tonight, El Salvador is already on the shore, lamenting the stunning speed of the market slump. Meanwhile, during the on-chain whale liquidation frenzy, several high-profile traders are bottom-fishing and sending signals. The most famous among them is the whale nicknamed "Setting 10 Big Targets First," who opened a position at $60,153.8 per BTC, purchasing 2,835.32 BTC for a total of $170 million. Killa is slowly accumulating spot positions with low leverage. Ansem, meanwhile, advises users not to rush into bottom-fishing. The market is like an ocean, teeming with all kinds of players—whales churning the waters. Some wake up to the harsh reality during liquidations, while others build positions amid the bloodbath. True wisdom isn’t about catching the exact bottom; it’s about surviving through each cycle. No one can escape the waves tonight, but tomorrow, only those who show respect for the market can keep sailing.