1-Just Compare the Volume responsible of the first PUMP of 59% With the Volume Responsible of the Second Pump... No comment.
2-The Last Whale signal Detected by a combination of VCH = 3 Times MA21, AND PCH OF 3% was in 23 October / You can use my Free Script : Whale Signal 4H MMS.
3-then the Price continue moving up with a weak volume, creating an Important FVG to be filled sooner or later.
New retails have entered at that time providing a good liquidity vs small Supply of BTC, because everyone is greedy waiting for the BTC ETF approval.