That's good news for whales, They wait for bounty hunters to dump their earned tokens to start their real trades and manipulation

Most of the ICO tokens go down after the listing, That's not always the bounty hunters trying to dump, Some of them are the investors.
Do you really think that 2% token that Bounty hunters have can disrupt 98% of the market.
That's only temporary, Yes they can disrupt the market for a few hours maybe.