saoussen5765
Valued Contributor
Hello,
Whales are a very large type of fish, and every time the whale moves, all the fish around it will be affected, because this is why in the business world the term Whales is applied to big investors. In the crypto world, the term Whale refers to individuals, exchanges or institutions that have at least 1000 Bitcoins of crypto. So that the movements of these big investors will be able to influence prices and even trends.
Retail investors only need to use technical analysis to be able to monitor prices and where prices will move up or down, so they are not trapped by the game of the whales.
After all, holding large amounts of crypto can be used to manipulate the market, this is what I don't understand until now, how do Whales manipulate the crypto market? Would you please explain to me. thanks
Whales are a very large type of fish, and every time the whale moves, all the fish around it will be affected, because this is why in the business world the term Whales is applied to big investors. In the crypto world, the term Whale refers to individuals, exchanges or institutions that have at least 1000 Bitcoins of crypto. So that the movements of these big investors will be able to influence prices and even trends.
Retail investors only need to use technical analysis to be able to monitor prices and where prices will move up or down, so they are not trapped by the game of the whales.
After all, holding large amounts of crypto can be used to manipulate the market, this is what I don't understand until now, how do Whales manipulate the crypto market? Would you please explain to me. thanks