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.
The issue is that the whales often control the exchanges themselves, can see your trades and bet against you, and trade 100x on their exchange the real amount of deposits. Until these exchanges are regulated, prices will be in limbo. The best thing you can do to avoid this is to farm stablecoins or to buy and stake a crypto with high staking rewards, like the internet computer, and wait for real world utility/adoption to kick in.