Because 99% of the people saying that the "whales are manipulating the markets" has no basis at all and are just saying that so they have someone to blame for their bad trades.
Also, do we even have proof of a hedge fund shorting bitcoin with huge amounts of money?
Buddy have u seen the charts from march ?? you still think market is not manipulated ?? bitcoin volatility is worst than stocks right now. and you still need proof ?? no one is blaming anyone for bad trades. its just clearly seen the market is manipulated by big players for their benefits.