🐳 Who are the "whales" in the world of cryptocurrencies? 🐋
Have you ever heard of this strange term in the crypto market?
"Whales" are not marine creatures; rather, it is a term used to describe individuals or entities that hold very large amounts of a specific cryptocurrency (such as Bitcoin or Ethereum). 💰
In simple terms: they are the big players, who due to their massive holdings, have the ability to significantly influence market prices and movements through large buying or selling actions. 📈📉
Their presence makes the market more dynamic, but it can also increase its volatility. 🎢
Did you know this concept before? Share with us any information you know about them! 👇