Whales are active in the derivatives exchanges.

Whales-are-active-in-the-derivatives-exchanges

When the rate of whales in the derivatives exchanges is high, the chances of their controlling the price increases, so the volatility in the market is also likely to increase.

From that point of view, the current rate of whales in the derivatives exchanges is the highest ever, so the price can still fluctuate significantly.

Therefore, in order for volatility to decrease, it is necessary to decline the rate, and until then, it is required to take a wait-and-see attitude as an investor.