There is nothing wrong with being defensive during bear markets. However, I do not even think the whales have any idea the possibilities bitcoin might hold. Despite how much they talk about how it is the future of currency, how many of those whales do you think really and truly believe that?

Let the whales sell. We need a more decentralized currency anyway for bitcoin to truly be trusted worldwide. We also need to get more people to hold so that the value of bitcoin can be more stable. Prices will never be stable with whales holding so much bitcoin.