🎯 What are “whale movements”?
Whales are individuals or institutions that hold large amounts of cryptocurrencies (like Bitcoin or Ethereum)… when they transfer large amounts from their wallets to other wallets or exchanges – this could be a signal of a significant market movement coming soon.
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🛠️ The Hidden Tool:
Whale Alert
A website + Twitter accounts that track large transfers happening on the blockchain.
📲 Simply, if someone transferred 100 million dollars in Bitcoin to an exchange… this could mean he intends to sell a large amount, and the price might drop significantly!
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📉 So how do you benefit as a trader?
Even if you are a beginner, follow these steps:
1️⃣ Visit the Whale Alert website or follow them on Twitter
You will see real-time notifications like:
Transfer of 30,000 BTC from unknown wallet to Binance
(which means someone transferred a large amount of Bitcoin to Binance)
2️⃣ Think: Why is he transferring his coins to an exchange? 🤔
Probably because he intends to sell!
3️⃣ Decide: Are you entering a trade? Or waiting?
✅ If you intend to buy… be cautious, the price might drop.
✅ If you are holding a trade… consider closing it or setting a stop-loss.
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💡 Important note:
Whale movements do not always mean a drop… some move funds for various reasons, so you need to use the tool with other analysis tools.
But as a first step, this is one of the strongest signals that most traders miss.
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In the next part 👇
I will explain another tool that reveals:
Where are traders placing buy and sell orders… before the price moves!
Follow me if you're interested
