I don't agree with such report. Bitcoins price is not determine by so called whales and other top guys. It is a new ideologies being push out be bitcoin nayers to make others believe it is a manipulated price. Bitcoins price is determine by traders demand and supply and news from government, exchanges hack and other banking authorities moves.
yes, I understand that demand also determines bitcoin prices, but you do not forget that whales also control some bitcoin markets.
why do not you believe that some bitcoin prices are not determined by whales? while bitcoin can be high by 2017, one of the reasons is a lot of whales.
and also, do you know that the cause of this long correction is due to high sales? and whales are part of them.