I didn't see much whale buys during this rally btw, this was different in april if i remember right. Or am i wrong?
Whales are selling slowly and constantly putting medium walls (1k-3k) on bitstamp, little fish are buying the current hype and may bleed later on..
As for Gox its an abandoned house.
I propose a better terminology for grouping the different kind of market actors. Or please tell me, what are the behavioral characteristics of the whales, as opposed to smaller fish?
As far as I know, big holders don't sell.