The cryptocurrency community expressed dissatisfaction with the paper "The single whale caused the 2017 BTC surge"

Yesterday, Bloomberg reported that University of Texas professor John Griffin and Ohio State University's Amin Shams updated their first paper published in 2018, saying that a single whale caused the bitcoin to soar in 2017.
However, the cryptocurrency community does not buy the results of this study. Su Zhu, CEO of Three Arrow Capital, said that the scholar in charge of the paper "starts with a conclusion and then tries to find data to support it." Mati Greenspan, market analyst at eToro, believes this conclusion is completely out of touch with his own experience. Greenspan said that in the 2017 uptrend, he witnessed the opening of “millions of retail accounts” on eToro.