Recently, it's become a concern that crypto whales can manipulate the market. Does this apply to altcoins only, or can these crypto whales manipulate all coins, including those with a higher market cap?
I think these crypto whales can easily manipulate the price of Alts especially because manipulating the price of BTC while institutional investors and ETFs and governments have invested and have funds in it is hard. Alts are easier because they can have low cap, high cap and mid cap so whales with enough money can easily pump and dump the price of a token not a big deal for them.
Overall, manipulating higher caps needs more efforts because the big investors have to move their funds, on CMC we can see which alt coin have how much holders or whales still holding onto their funds and we know when more of them will start moving their funds to exchanges that could mean the selling of the token. I also think that whales now don't play a big role in dumping the price of BTC especially because it has become more big then their buyings, and the ETFs and the adoption rate has made those whales look small.