What is your definition of a whale? How many BTCs do you need to have to be a whale?
Whales are also traders that has a huge amount of money, it is huge that in fact it can change the current price of a certain coin. It can either make the market down or up any time they want. Whales are huge investors, and there are a lot of whales, we cannot tell how many whales are out there trading, manipulating or playing around the market.
Big investors that can handle everything and they can manage for what may happen i mean they hold more and they can control everything.