Recent sharp drops in cryptocurrency prices have raised concerns about market manipulation by large investors, known as “whales.” These individuals or groups can significantly influence cryptocurrency prices, triggering sharp corrections. Speculation has swirled around the possibility that powerful businesspeople are coordinating actions to manipulate markets for profit or hidden agendas. The lack of effective regulation in this sector could make it easier for these whales to act, exacerbating volatility and undermining investor confidence. The debate over how to address this issue continues as the cryptocurrency market faces challenges related to transparency and fairness.