In fact, I am also curious, if the assets are rich enough, can the price of Bitcoin be manipulated? So Bitcoin is still decentralized? If it happened, wouldn't the value of Bitcoin be determined by whales?
Hate to say but this is how market works on which there's always those people who do sit on the top which does have or acquired lots of money and coins for them to move out the market as they like.
Take a look into those traditional markets on which those big corporations,companies,institutions would really be always having the advantage since they could move the price on the way they wanted
but of course on non obvious ways since we do have certain laws in regarding to this which they wont really be letting themselves caught but this is for centralized markets
but for crypto? there's no way we could really be able to point out those fingers.