Why should you care who holds Bitcoin - institutions, whales, or average people?
I was going to say this.
In other words do not give everything to the big whales and try to remain in this select club because once you do it you may not be able to take them back. You may think you can but most probably you won't.
I see many people worried about the big whales nowadays but let's not forget that they are playing an important role in the rise in price. If Bitcoin ever gets and surpassed $1M they have will played an important role. Not everything is bad about them.
I am more worried about my bitcoin plan than about them.
As i also believe so, i am thinking also does bitcoin will come to a point that it would have a scarcity in a supply of a cryptocoin and does it is limited to certain number only? But i didn't came to a conclusion that i would blame the whales, institutions or average people who are now owning a large number of bitcoin because it is true that they are the reason for the big price hike of bitcoin. Though we are also part of the reason for a good market value of bitcoin but the positive fluctuations of bitcoin can ne related to them the big whales who trusted to invest a much capital to bitcoin.