What is a Crypto Whale?

A crypto whale refers to individuals or organizations that hold a large amount of a specific token, with the buying and selling size potentially reaching millions or billions of USD. For example, Bitcoin whales refer to entities that own over 1,000 BTC with enough trading capacity to significantly impact the price of Bitcoin.

Due to their significant influence on the crypto market, most whales limit their normal trading activity on exchanges. Instead, they trade assets through OTC (over-the-counter) methods to mitigate the risks associated with market fluctuations when buying and selling crypto.

However, there are still some whales who intend to manipulate the market with their trading volumes, aiming to profit for themselves.

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