Ok, this is only my own observation, but I think it might be very accurate if you are looking at the more recent Bitcoin price trends. We all know that Bitcoin whales are still manipulating the Bitcoin price.
I think a lot of these Bitcoin whales might be losing momentum now, because we only see the price going slightly above $4000 and then they take profits and the price goes down below $4000 again.
We also know that Bitcoin whales will decline over time as more coins are distributed from them and hoarded by more users. This process are slowly gaining momentum. 
Do you see this same pattern or am I imagining this?
I think a lot of these Bitcoin whales might be losing momentum now, because we only see the price going slightly above $4000 and then they take profits and the price goes down below $4000 again.
We also know that Bitcoin whales will decline over time as more coins are distributed from them and hoarded by more users. This process are slowly gaining momentum.
Do you see this same pattern or am I imagining this?
I read a blog post from chainanalysis website few months back, that shows that bitcoin whales are actually accumulating at the price range of 3600 - 3800. However, I am not able to find that post anymore so it makes no sense to talk about it.
If you see the whales are loosing momentum, it is correct according to my point of view. Whales are most active when the volatility is high because that's when they make loads of money. They can't make their desired profit percentage if the market is somewhat stable.
If I look at the pricing data of bitcoin from coinmarketcap for last one month starting from 17th Feb, 2019. The highest price that bitcoin market achieved is $4,210 and stabilizing at around $4,000 range. That gap is simply not lucrative enough for whales. If the price stabilizes, they are supposed to loose the momentum.
