What is 'Whale Movement' in the Crypto Market?

In the world of cryptocurrency, 'whales' refer to those investors who hold large amounts of coins and can significantly impact the trading market. When these investors buy and sell in large quantities, it is referred to as 'whale movement'.

Why is whale movement important?

1. Market Impact – If a large 'whale' suddenly buys a coin, its price may increase, while a large sell can bring the price down.

2. Trader Signals – Many investors and trading bots monitor 'whale movements' to gauge potential market trends.

3. Impact on Liquidity – When a 'whale' makes a large trade, it can affect liquidity, making it difficult for regular traders to buy and sell.

How to track whale movement?

Large trades can be monitored through many platforms such as Whale Alert and CoinMarketCap.

If you are investing in the crypto market, keeping an eye on 'whale movements' should be an important part of your strategy!