At small time intervals, large holders can influence prices by selling a large number of coins on exchanges or vice versa, starting to buy Bitcoin en masse. But these actions cause only temporary price fluctuations. Somehow the manipulators of the market cannot change the law of the market itself, so if you count on long-term investments, then you should not worry about it. In addition, the really large holders themselves are not profitable by the long-term weakening of the Bitcoin course.
What do you think?
The way bitcoin's price do fluctuate, it is very possible bitcoin can be manipulated. I strongly believe in those that has the view that we do invest for whales to make profits. We can even see from what happened this year alone. How bitcoin keep making a surprise dump. I think the whales are manipulating the market and that is why we are seeing this huge dump of bitcoin price. I believe that in future, if bitcoin and blockchain technology can be regulated the way stocks and commodities market is then the manipulations will reduce.