Can you explain me this IG growth graph?

dcrrrr

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I'm still new to many instagram strategies and I was trying to analyze some profiles.

Specifically, I came across this graph while checking a 50k+ account in the fashion niche, which basically has the same periodical growth: for 5/10 days losing 50-90 followers a day, then for 5/10 days gaining 100 to 200 followers a day. Plus, on the very first day of regrowing, it usually get 1k to 2k in a single day.

It's obvious it's a specific method (I mean, always the same pattern) but I have no idea what exactly. I was wondering if could be stuff like buying some big shootout every 7-10 days or some strong bot settings which get used only for that period or what else.

Thank you for your help
 
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Running giveaways in return for follows on those dates (start of the growth spikes) could also be an explanation.

I'm more inclined to say they are just buying followers though.
 
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