We are moving from "whales" situation in crypto where we didn't know who exactly had too many bitcoins in tens of thousands, to more like a company owned huge chunks instead and I don't know which one is better.

We didn't know who owned bitcoin in those large numbers back in the day, we still don't know many of them and that was the bad part but the bad part about companies going in is even if we know how much they know, we also leave the price to a centralized situation, if grayscale decides to sell every single coin they have today, they could crash the price right away.

Back when it was just some whales, they usually never moved all at once, which means harder crashes by whales, but here we are giving that power to some companies and that's scary.