The best candidate for who bearwhale is by looking at the financial list demanded by EU for any tx exceeding €30k in areas where there "is a greater probability of occurrence of money laundering or terrorist financing" (http://www.uppd.gov.si/si/delovna_podrocja/vsebinska_podrocja/objave_38_clen_zppdft/podatki_o_transakcijah_38_clen_zppdft/) (http://www.uppd.gov.si/fileadmin/uppd.gov.si/pageuploads/NAKAZILA/Arhiv/nakazila_06012014.xls - the most current list)
In it we find this:
5496 10.12.2013 BITSTAMP LIMITED 5 JUPITER HOUSE CALLEVA PARK, ALDER, BERKSHIRE, VELIKA BRITANIJA BITCOIN SUB-FUND BERMUDA, HM DX HAMILTON, BERMUDI 999 099 840 5495 10.12.2013 BITSTAMP LIMITED 5 JUPITER HOUSE CALLEVA PARK, ALDER, BERKSHIRE, VELIKA BRITANIJA BITCOIN SUB-FUND BERMUDA, HM DX HAMILTON, BERMUDI 999 099 840 5494 10.12.2013 BITSTAMP LIMITED 5 JUPITER HOUSE CALLEVA PARK, ALDER, BERKSHIRE, VELIKA BRITANIJA BITCOIN SUB-FUND BERMUDA, HM DX HAMILTON, BERMUDI 999 099 840 5493 10.12.2013 BITSTAMP LIMITED 5 JUPITER HOUSE CALLEVA PARK, ALDER, BERKSHIRE, VELIKA BRITANIJA BITCOIN SUB-FUND BERMUDA, HM DX HAMILTON, BERMUDI 999 099 840 5492 10.12.2013 BITSTAMP LIMITED 5 JUPITER HOUSE CALLEVA PARK, ALDER, BERKSHIRE, VELIKA BRITANIJA BITCOIN SUB-FUND. BERMUDA, HM DX HAMILTON, BERMUDI 999 099 840 5491 10.12.2013 BITSTAMP LIMITED 5 JUPITER HOUSE CALLEVA PARK, ALDER, BERKSHIRE, VELIKA BRITANIJA BITCOIN SUB-FUND BERMUDA, HM DX HAMILTON, BERMUDI 999 099 840 5490 10.12.2013 BITSTAMP LIMITED 5 JUPITER HOUSE CALLEVA PARK, ALDER, BERKSHIRE, VELIKA BRITANIJA BITCOIN SUB-FUND BERMUDA, HM DX HAMILTON, BERMUDI 49 888 840 5489 10.12.2013 BITSTAMP LIMITED 5 JUPITER HOUSE CALLEVA PARK, ALDER, BERKSHIRE, VELIKA BRITANIJA BITCOIN SUB-FUND BERMUDA, HM DX HAMILTON, BERMUDI 999 099 840
5449 04.12.2013 BITSTAMP LIMITED 5 JUPITER HOUSE CALLEVA PARK, ALDER, BERKSHIRE, VELIKA BRITANIJA BITCOIN SUB-FUND EMERGING BERMUDA, HM DX HAMILTON, MALTA 999 099
5397 02.12.2013 BITSTAMP LIMITED 5 JUPITER HOUSE CALLEVA PARK, ALDER, BERKSHIRE, VELIKA BRITANIJA BITCOIN SUB-FUND BERMUDA, HM DX HAMILTON, MALTA 999 099 5396 02.12.2013 BITSTAMP LIMITED 5 JUPITER HOUSE CALLEVA PARK, ALDER, BERKSHIRE, VELIKA BRITANIJA BITCOIN SUB-FUND BERMUDA, HM DX HAMILTON, MALTA 999 099 5395 02.12.2013 BITSTAMP LIMITED 5 JUPITER HOUSE CALLEVA PARK, ALDER, BERKSHIRE, VELIKA BRITANIJA BITCOIN SUB-FUND BERMUDA, HM DX HAMILTON, MALTA 604 937 5394 02.12.2013 BITSTAMP LIMITED 5 JUPITER HOUSE CALLEVA PARK, ALDER, BERKSHIRE, VELIKA BRITANIJA BITCOIN SUB-FUND BERMUDA, HM DX HAMILTON, MALTA 999 099
26.11.2013 BITSTAMP LIMITED 5 JUPITER HOUSE CALLEVA PARK, ALDER, BERKSHIRE, VELIKA BRITANIJA BITCOIN SUB-FUND BERMUDA, HM DX HAMILTON, BERMUDI 999 099 25.11.2013 BITSTAMP LIMITED 5 JUPITER HOUSE CALLEVA PARK, ALDER, BERKSHIRE, VELIKA BRITANIJA BITCOIN SUB-FUND BERMUDA, HM DX HAMILTON, BERMUDI 999 099
So only in december those guys cashed out ~€11,6 million euro - and if we add late november we are at €13,6 million - about $16million dollars. There are no other possible candidate in that list. So if it's not Exante (bitcoin-fund) then bearwhale didn't withdraw to fiat.