There are addresses containing massive numbers of coins that haven't showed any activity for years. The coins in them are so old that they were probably acquired by Westerners.
you can't be much of a whale if you don't make any use of your coins. I was talking about the people who actively play around with the market.
I agree that overall the number of coins is maybe evenly spread globally, but it's the Chinese who are actively producing them now and they know what they're worth. the little guy who filled his garage with cpu and gpus and mined tons of them might have deleted them or gone crazy so he's not relevant.