#VIRTUALWhale

Whales' Influence on the Cryptocurrency Market: The Case of #VIRTUALWhale on Binance

Cryptocurrency whales hold large amounts of assets, affecting the market with their movements. On Binance, the term #VIRTUALWhale denotes high-volume transactions, generating volatility and changes in liquidity. These entities may employ strategies such as silent accumulation, staggered selling, or price manipulation. To react to their movements, investors must monitor large orders, analyze patterns on the blockchain, and use tracking tools. Understanding the impact of whales allows for informed decision-making and risk mitigation in the crypto market.