There is a lot of whales in the world of cryptocurrency and for me, i am not surprised if i will see some posts or news that is about the whales that are transferring huge amount of bitcoin to an exchange or dumping it in an exchange because it is a normal activity for me since whales are doing that to manipulate and to see the image that they wanted to see in the market.
There would always be and we cannot avoid them. Most of those who bought a lot back then when it all started sure have a lot in their bag anyway and as time goes on.
However, the idea of monitoring exchanges now for movement of funds is becoming rampant and absurd, considering that alone is now a driving factor for the market. Once the news gets out of a movement of huge amount, you start seeing a huge dump on the market and so on. I wonder how long this would be.