#VIRTUALWhale First and foremost, we’re talking about millions of dollars here. A person or business who owns such a huge amount of money is not stupid. How much is an average worker’s salary per hour? Say, $21 per hour, that would be $43,680/yr. I mean, no smart person would dare to waste his money.
On the other hand, the whale might be a hacker- why would he allow losses for his money if he had worked hard for it? The purpose then is to launder or manipulate the market since he is good at programming.
Another possibility is that the whale may have known insider information for him to take such a huge decision.