$🐳Cryptographic whales are large investors who hold significant amounts of cryptocurrencies and can influence market prices with their transactions. Nowadays, some whales are active in the Ethereum (ETH) market, leading the buying pressure after an intense profit-taking.

*Recent activities of cryptographic whales:*

- *Ethereum (ETH)*: Ethereum whales have initiated a net outflow from exchanges of nearly 230,000 ETH, their highest level since March 7. Abraxas Capital, a digital asset investment firm, has expanded its holdings to 278,639 ETH.

- *Large transactions*: Whale Alert, a cryptocurrency transaction tracker, reports on large cryptocurrency movements, such as the transfer of over $21 million in BTC from two unknown addresses.

*How do whales influence the market?*

- *Market manipulation*: Whales can influence prices through strategies like pump and dump, whale wall spoofing, wash trading, and stop hunting.

- *Impact on prices*: Whales can cause sudden price surges, creating panic or euphoria in the market.

*Tools to track whales:*

- *Whale Alert*: A cryptocurrency transaction tracker that alerts about large cryptocurrency movements.

- *BitInfoCharts*: A blockchain explorer that allows monitoring of the addresses of large holders.

- *Order books*: They allow viewing large buy and sell orders on exchanges like Binance.