$BTC Bitcoin whales are individuals or entities that hold large amounts of Bitcoin, typically 1,000 BTC or more. These whales can significantly impact the crypto market due to the size of their holdings. Their buying or selling decisions often cause noticeable price fluctuations, leading to fear or excitement among smaller investors. Whales include early adopters, institutional investors, crypto exchanges, and even some governments. They often move coins between wallets or exchanges, which traders closely watch for signs of market direction. While their activity adds volatility, it also provides liquidity. Understanding whale movements helps traders make informed decisions. Platforms like Whale Alert track these transactions. Although powerful, whales don’t fully control Bitcoin, but their influence remains a key factor in the crypto ecosystem.