I'm wondering...
Why have we had so much market manipulation recently holding the price at $800 and where are those manipulators now?
How might they benefit from supporting the market in the past where they don't benefit now?
What is the motive behind it?
A whale or whale entity is just another force in the market place like you or I, in that the whale will have 'enemies' in the market of equivalent size, larger, or more numerous in the market.
During quiet spells, I have even seen me 'manipulating' market down with series of leveraged short selling at minor tipping points. It seemed to work well, until a bigger boy came along and bought up a shit load of Bitcoins sending me right into negative equity. Same rules apply for the whales.
