The whales are now dumping their coins and it has caused a major fall in the bitcoins price. But even after those dumps the supporters of bitcoin with its numbers is trying to overcome the dumps by buying more bitcoins from the market in the low price. Many bitcoin supporters are happy to see the price of bitcoin to fall down since it is a signal for them to buy more. More power to bitcoins and to the community, its time to buy more bitcoins!
Yes its actually quite true because there is a sudden decrease though honestly whales have very very huge amount of bitcoins and if they just sell 5-10% of their coins the market takes a swing, we cant really take much from them but yeah its better to have bt more spread rather than huge amounts to lesser people.