Of course, the Crypto market thing is big investors like whales. The price is going up thanks to their investment. Without the whales, the Crypto market will go down.
maybe if like that, just like crypto with gambling, there is a dealer who controls the final result. but I am more confident if the market is a major factor in the ups and downs in the crypto market.
It really is a big gamble for most of us, Cryptocurrency market is more like a speculative one where someone who has a large quantity of bitcoins or tokens has the biggest opportunity to play with the pump and dump on it. Like you said those whales are mostly in control and the news, announcements, and Fud greatly affects the whole market whether its going up or down.