Crypto Whales

Crypto whales are individuals or entities that hold large amounts of cryptocurrency. Their significant holdings give them the ability to influence market prices, as large transactions by whales can create price fluctuations due to the relative illiquidity of cryptocurrency markets. Whales are often closely watched by traders and investors, as their buying or selling activity can signal major market movements.

Example

A Bitcoin whale holding 10,000 BTC sells a large portion of their holdings, leading to a sudden drop in Bitcoin’s price due to the significant supply hitting the market.