You can limit what an app can gather anyway, if you wish. If you would go to such extremes to have a second device just for WhatsApp, there are ways to hide things from it on your one main device, too. I go for microg in order to cut Google's surveillance, and usually allow no permissions on untrusted apps, so all they can get is the IP. You can mitigate that too when needed, though probably with more effort than is practical (accessing the internet is something that can also be restricted from default Android permissions).
When this article went up, I realized that I'd allowed WA to access my Contacts, so I went in and revoked that permission. It immediately reformatted my whole conversation list as phone numbers instead of names. I can't rename the conversation, but I can "add to contacts"... which inexplicably shows me my OS contact editor, which they're not allowed to read. So I guess that as punishment for not letting them constantly vacuum up my contact list and send it all to FB, they make it harder to figure out who I'm talking to. Classic FB.