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How does Whale operate?

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Hi, its bit surprised to see XRP is still at the price around 50c considering the big news is out.

I can only think this as Whale manipulation.

However, how does the Whales operate?

Say 5 Whales have 20million XRP each.

They using some kind of bots to sell it down and rest of us follows so the price of XRP is getting lower and lower. However, in order for them to make money they need to drive the price up somehow. 

Yet we had huge downtrend since Jan this year, surely if they keep driving it down they would have not had a lot of XRP left after 9 month. So now what? They just buy at whaever the price at the moment?

Anyone care to elaborate a bit more?

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