Is there any evidence that these mysterious 'whales' really control the bitcoin market, or is this a myth generated as people try to understand why bitcoin prices go up and down?
To show evidence is very difficult, but they are very neat in manipulating prices in the crypto market, they lower the price and spread the news about FUDS with the aim of creating panic among investors so that investors make panic sales, after the price drops down due to the large number of sales then the whale returned to buy it at a cheap price to sell at an expensive price.