The whale manipulates its value and is so easily manipulated. Is this decentralization?
Do you have a proof that whales are manipulating the crypto market? This can very well be a popular belief and may be far from reality. Till date we haven't seen any legit proof where the whales have manipulated the market. Obviously Elon Musk did and now his company's bitcoin holding is running in negative.
I don't think we have any other assets available which are greatly decentralized like bitcoin.