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Did almost all whales do this? Who actually bought their stake?

No, most whales mined thr stake but steemit did it before anyone because of some bug. It was like a pre mine. Then later they promised to only use that stake for dev and dapps. So now moving it to exchange is complete 180.

This is interesting... I had no clue of this information.

Whales who mined their stake had a big disadvantage compared to stinc because noone knew how to set up a miner due to no documentation..

So while everyone tried to figure out how to set up (even experienced people) stinc rented massive computing power to mine. That's what people refer to when talking about ninja or premine

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