What is happening?
Whale warring each other?
Well when you're the only whale in the market, essentially dumping into your own bid walls, it's easy.
Nonsense.
The one whale theory is total baloney, but you keep on with it for months and months and months...
do you really believe such nonsense? Is there actually any evidence or logic for such an extraordinary claim? Remember the saying that extraordinary claims require extraordinary evidence... ? Where is it?
The thing is ... that there is a "whale" ... but .. it is not a person!
It is an entity / company / group of people / communist party ... that have between 80.000BTC - 150.000BTC coins!
And they work 24/7 in 3-4 shifts maybe.
Do you imagine just dropping dumps then leaving the poker table? ... Someone must stay behind and level the plain, to keep things afloat! ... till the next time the "whale" comes to pump & dump!
Maybe you are making fun, here? But,I sense that the bitcoin space is expanding and there are various competing whales.. sure sometimes, there may be some coordinated success and signaling... yet I believe that the actors are fairly complex and diversified and sometimes work together and sometimes compete, and there are so many exchanges, too that can cause signaling and leading and following.