A lot of us are confused about the whales behind the altcoin blockchain, for the fact that the ethereum blockchain brought with it the ability for any programmer to make change to the blockchain which has given birth to several developments and new coins, tokens creation so the question is who are the whales behind the altcoin market development.
Everyone can develop Altcoins through multiple blockchains. Ethereum, BSC, Polygon and others are alternative routes for Altcoins.
Maybe the whale for Ethereum is Vitalix, and BSC is C_Z. However, they don't support all the Altcoins that are developed, they don't even want to know about these Altcoins. However, there are many world billionaires who support each project that is developed. They have sufficient capital in developing new platforms and promoting them.
never knew and was involved in any altcoin project unless he was made an advisor on one project. altcoin have their own developtment team and only use smart contract that developted by vilatalik and cz. altcoin whales depend on investors that back up or be angle investor,usually they see great potency in future when decided buying in large amount.