Half truths are worse than outright lies
If the truth is in the middle, it pretty much means that whales are still controlling the market (maybe, to a somewhat lesser degree). And there is nothing wrong or surprising in it. If you have enough financial leverage, it would be plain stupid not to exploit it to your advantage. And this is equally applicable to any market, not just crypto. In 1980 the Hunt brothers tried to corner the silver market. Ultimately they failed, and that's likely the reason we heard about them at all. If they succeeded, they would likely have remained unknown to the wider public as silence is the sound of money talking