if the whale is accumulating then the walls will be lifted sooner or later... however there is a theory that it is someone offloading their waves. I think the talk was about iconomi. In this case these big sells will have to be eaten, which is slower. Although, if it was someone offloding aves they could do a better job to let the price rise and have smaller sells to get more.
If you wanted to sell them you wouldn't be doing it like this and tripling your wallet holdings on Bittrex to over 3.5M, and that Iconami bullshit was troll lies there is absolutely no truth to it.
Iconomi once had waves, before they labeled Waves as AIDS with cancer, then they sold out and said fuck that shit coins off their index.
This tells a lot.