Whales make their money from being unpredictable in sideways movements. They blow the little fishies out of the water and open their whale-mouths to let them all land inside.
What we saw the other day was the retailer getting bored with low volatility and so they finally decide to find out how to short Bitcoin with leverage. Now they got liquidated.
I do not doubt more short-squeezes though.. even up to the $9k's.. So, just be careful and don't go all in. For me, I am a gambler... I am all-in short. $$