#VIRTUALWhale In cryptocurrencies, a "virtual whale" refers to an investor or group of investors who holds a significant amount of a digital asset, but who operates through multiple wallets to hide their real influence on the market.
Difference with a classic whale:
A classic whale has a large amount of cryptos in one or a few well-identified wallets.
A virtual whale spreads its funds across many wallets to avoid attracting attention and discreetly manipulate the market.
Why do they do this?
1. Avoid being detected by transaction tracking tools.
2. Influence the market without being detected (e.g.: gradual sale to avoid a panic).
3. Maximize their anonymity by dispersing their assets.
In short, a virtual whale is a whale that hides by splitting its funds to avoid being identified and monitored.