Hi @TonyAtRisk
This topic crops up on the forum from time to time. I would suggest having a read of A Solution to the ADA Whale Fears. That thread also has links to others threads worth reading. I’m not sure that there was ever an agreement on the subject (a lot of debate), but they are worth a read anyway.
Regarding Binance, while they show as being a large holder of ADA, it is due to their customers purchasing on their exchange. So not technically their ADA.