Market whales contribute to the downward and upward movement of the market?

[Sticky Bomb]

It’s just simple demand and supply dynamics and since the Whales have enough capital to kinda control the demand or supply, then they definitely have a role in the downwards or upward trend of bitcoin or whatever cryptocurrency.

I would use term influence here because no one controls the market, they can attempt to influence it as much as they can. All whales are not having the same interests, some can try to influence it in one direction, while others throw their own weight in the opposite direction and since their is no certainty in the direction the market moves, we cannot say it's controlled.

[Callido]

Do you believe market whales contribute to the downward and upward movement of the market? Oh yes I do believe because they hold huge amount of financial assets like Bitcoin and stocks and each time they do trigger their sell or buy clause, the market is kind of unbalance following these whales ordered in the market.

Whales are sometimes responsible for the short-term market downtrend, a big sell can trigger the price of Bitcoin to drop heavily, but these downtrends do not last for long before the market starts recovering.

The crypto market is pushed by heavy selling or heavy buying, both trends are part of the market that exist, and they are very important aspects of the market, every investor needs to experience the two sides, either taking advantage of the dip to buy more or taking profits when the price is okay to sell.

[Solodoski]

They don't really control the market, they just have enough capital to cause an imbalance. By imbalance we mean when the opposition has more capital to push price, using others investors as their liquidity. They do contribute alot in the market and sometimes it can make little investors hopeless. All market experiences this. Bitcoin for instance since we had the institutional purchasing power in the market, we have seen so much difference in how price reacts or responds. Before now bitcoins price was only influenced by the number of investors who were involved in the market. Now we have many bigger bodies who manage to push price in their favor using large capitals..

Control simply means an act of regulating the behavior of an event in a certain manner that aligns with the desired goal. It is divided into partial control and total control.

Even though we won't admit that whales have control over the market. We can all agree that whales have partial control of the market dynamic. Whales have what it takes to alter the liquidity of a coin. They can create an imbalance in the direction they want the asset to move in. That alone is control, but not total control like centralisation.

[MainIbem]

Ofcourse they do, infact everyone who buys and sale Bitcoin including investors and traders contributes to the price movement of Bitcoin which is mostly influenced by demand and supply so when people buy and sale Bitcoin they're contributing to the "demand and supply" factor, it doesn't matter how much the person buys. Although whales can be more influential cause the own lots of the coin and if a good number of them sale it mostly cause people to panic and sale thereby triggering a temporary dip.

[IceLincoln]

The whales have an impact on market movement but they don't control the market. There is a huge difference between having control over the market and having an impact on the market, and that is because whales have enough capital to shake the market.

Most influencers follow up these whales for news that could influence the market amd track the best time to place a buy or sell order. It is evident that its all about demand and supply as a massive buy order would trigger a rise and a massive sell order would trigger a fall price.

Whales play key roles in the market especially in the pump and dump of the market. Whales knows exactly what to do, the buttons to touch inother to keep the market in a shaky dimension, they're not entirely controlling the market but at least, they know when to buy and sell since their actions do affects the market. They can manipulate the market to go in their direction but not for long because a single buy or sell order, you do understand what I mean?

I think you’re giving these whales a bit too much credit. Yes you’re quite right they influence the market but they don’t control it and their influence is only for a short term. A whale can move the market by a large buy or sell order but they can’t sustain that market trend on their own. Much of their influence comes from how other investors react.
A whale might purchase a large sum of BTC that’ll move the market upwards and so others will interpret it as the market is bullish and start buying and this drives the price up higher.
Bitcoin has gotten to a stage where the influence of whales have drastically decreased but they still exact some level of influence and Yes they’re smarter than the average investor, so they know when they can manipulate the market for themselves.