🧠 Crypto Tip: What Are Whales & Why Watch Them? 🐋🔍
Crypto whales are individuals or groups holding huge amounts of cryptocurrency—like 1,000+ BTC or more. Because they control so much, their big buy or sell moves can cause major price swings in the market. When whales buy, prices often rise; when they sell, prices can drop fast.
Whales sometimes trade quietly via OTC desks to avoid market impact, but when they move coins on exchanges, it can signal big trends. Traders watch whale wallets closely to anticipate price moves and avoid surprises.
Remember: Whale activity can mean volatility, so always stay informed and don’t panic on sudden market moves!
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