#VIRTUALWhale In the volatile crypto market, whales are entities with large cryptocurrency holdings. Their influence is massive, capable of moving the market cap with their transactions. These holders can be individuals, exchanges, or investment funds, and their trading volume is closely followed by traders and investors.
Whales often employ strategies such as whale watching, accumulating tokens in bear markets to sell in bull runs. Their pump and dump ability can generate great volatility, affecting the ROI of retail investors. Therefore, understanding their movements is crucial to navigate the DeFi world.
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