ProTip:
Whales are not real.
Whales are not real.
They evolved into a much bigger monster not only manipulating the market price but are capable of suppressing the price
When people say whales are "suppressing the price" it's usually because their investment is underwater and they're looking for someone to blame. I've been trading these markets for years and I'm skeptical of any claims about notable manipulation.
This selloff was just "markets being markets." We unfortunately haven't been able to shake off the bear momentum yet.
that may be but you can't deny the fact that there is some level of manipulation going on. you can call it "whales" or anything else but it does exist whenever we some rise or some drop that we can not explain and whenever we see strange activities on the exchanges with large volumes.