There is 18.5 million BTC in circulation right now, more than 1 million BTC is lost or in dormant addresses, the biggest crypto funds and exchanges keep buying it. What happens if just a few whales will buy and control them all?
Let's imagine. If bitcoin were materialized in the form of a monetary unit minted and made of gold, on the territory of the ancient country of the Incas, then collecting and completely buying up all the coins would make sense for a philatelist. The reality is different for bitcoin, just like for a whale. Bitcoin is a digital asset that is more beneficial for the whale as a source of enrichment and replenishment of the bank account (s) in Switzerland. There is a means to make a profit on an ongoing basis, then it doesn't make sense for whales to completely buy a cue ball at all.