Out of all the known bitcoin addresses this one is the 3rd richest; but it is actually the largest known private whale, because the #1 and #2 spots are actually exchanges.
Call this whatever you want, a correction, a mini dip, consolidation period, fluctuation in the market... all that matters is that whales keep buying the dip and schmucks keep buying high and selling low.
Follow the whale: https://bitinfocharts.com/bitcoin/address/1P5ZEDWTKTFGxQjZphgWPQUpe554WKDfHQ and check the biggest whale addresses: https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html
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