The main feature of the whale is the presence of a large number of crypto-currencies. Its main goal is to manage the rate of this crypto currency for its own benefit, and for this it is necessary that the coin is in demand and very popular. The main goal of the strategy is to reduce the price of the crypto currency as much as possible in order to buy it cheaply.
Whale massively sells assets at below market price, ordinary investors are afraid of the collapse of the crypto currency and start selling their coins. The rate falls even lower, and the whale buys coins at a sharply reduced price. Because of the mass purchase, the price rises again, and the whale repeats its cycle.