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?
They don't necessarily control the market. They just have a big impact over it when they do transactions.any change, no matter how small or big it is it will have an impact over the market.
Thats right, they don't control it fully but what they do like their speculations, their actions, their suggestions, it will have a big
impact on the market, see them as influencers and also have a large amount of capital in this market