Crypto Whales Current position 👉 In the crypto community, the term “whale” refers to a person who holds a large amount of cryptocurrency. Since these users hold large amounts of digital assets, their moves can have a significant impact on the price of cryptocurrencies. Crypto whale trackers are tools that allow users to see transactions made by whales and use that information to inform their own trading decisions.

For example, if a crypto whale is moving a large number of coins to a cryptocurrency exchange, that could be an indication that they are getting ready to sell their coins. Conversely, large withdrawals from crypto exchanges could be a signal that whales are moving their coins to cold storage for long-term holding.

In addition, you can use crypto whale trackers to find which coins and tokens the biggest investors are buying. This can give you valuable insights into which cryptocurrencies have strong growth potential.