Somewhat yes. Their actions can influence the market at a certain level. People tend to follow the whales because it's hard to resist. Everyone is doing it so you'll follow. Do your own research and don't just hop on the train like everyone else.
whales can do everything because they have big capital to change the market direction. That is why it is important to read the crypto news daily so that all us as small and medium crypto traders and users have the idea when would be the time to make profit and make investments into the right coin.
I agree with both of you. The whales can do everything, but you should remember that the whales can not do that thing forever because their reason is just to make money. If we can follow the whales, we can also make money. If you think it is difficult to follow the whales, you can watch them while you can prepare for the next thing that might happen. That will be better than you force follows the whale's moves.