My guess is as good as yours. I have failed one of the implicit assignments of the platform, which is learning about its functioning.
I just don't have time and I lack certain background or know-how to better understand this topic.
My wild theory would be dispersion
If the big investors have their interests all over the crypto universe, like most users, we may face the result the old sayings warn about: el que mucho abarca, poco aprieta, el asa [mas de] dos [crypto] conejos, se le quema 1