This is incredible... one person influences the prices of all the cryptocurrencies in the market. It's unbelievable. I actually thought it's only the downplaying of the threat of a ban by the officials in South Korea that led to the bitcoin price rising to an extent of hitting the $10,000 mark.
This massive buying by the whales highly reduces the number of bitcoins in circulation which shakes up the market. And the few bitcoin whales who have massively invested are going to hold the bitcoins for a long time until the prices shoot to the very top.