When people say "whales don't want you to know this information," they are usually referring to insights or strategies that could help smaller investors make better decisions in the financial markets, particularly in crypto. Whales are individuals or entities that hold large amounts of a cryptocurrency and can significantly influence the market.
Here’s how this idea works:
1. Market Manipulation:
Whales often manipulate the market to their advantage by creating false signals. For example:
Pump and Dump: They buy large amounts to pump the price and then sell at the top, leaving smaller investors with losses.
Fake Sell Walls: They place massive sell orders to scare people into selling, only to buy back at lower prices.
2. Hidden Patterns:
Whales understand the psychological traps and market dynamics better than most. They might take advantage of hidden support/resistance levels or accumulate during fear-driven market crashes while retail traders panic sell.
3. Exclusive Access:
Whales often have insider knowledge, access to private deals, or early entry into promising projects (pre-sales, private token allocations), which aren’t available to the average investor.
4. Herd Mentality Exploitation:
Whales profit off retail traders chasing hype or acting emotionally. For example:
In bull markets, they quietly sell while the masses FOMO in.
In bear markets, they buy while retail investors panic.
This phrase is often used in social media posts or videos to grab attention and imply there’s "secret knowledge" you’re missing out on. However, the best way to counter whales' influence is by staying informed, managing emotions, and developing a disciplined strategy.
