I see many people wondering. Do whales manipulate the market?
They don't have to wonder, only newbies believe that there is no manipulation in the market, there's a lot of manipulation from the smallest coin to the biggest coin in the market, volume, hype, and the price attracts new investors, they have to keep manipulating the coin where they are the bag holders so they can keep up with their standing.
Likely, we live in a market where manipulation is not prohibited. If you have huge amount money, you can do something with it but I was thinking also that whales can't move the market alone, they also have allies to work on this. However, this will add attraction to the market as people seeing the market can move high, they think about the chance that they become a millionaire someday here in crypto. It might happen and might happen that this crypto market will give us losses as well.