Now If we look that way trading and Investment we know sure thing Are WHALES whales Are king in Investment markets and trading.
More volatile = more possible profit.
Well, I'm not sure what really happens in the market in the absence of these whales.
They cannot move the market for theirselves but rather the use fud like spreading bad news thru media sites they paid so that they can spread out fear to the people for them to dump their own positions or holdings. Although this is quite crazy but somehow effective since we see several times market dumps when there's big issue happened, so we need to be smart and ride always with the news since from this we can earn if accumulation stage will happen.