do whales buy and sell with themselves in coordination to manipulate prices? how does it work?
I think it is not sure, but still possible to happening. Let say you are one of the whale of crypto.
When you want to get profit but the current market is high, you dump your coins in cheap price, making the buy order books going even lower.
Then the sell order books going cheaper too because of it. If the sell order enough for you, then you can buyback and take all of the sell orders.