๐ What Are Crypto Whales?
**Crypto whales** are individuals or organizations that hold **large amounts of cryptocurrency**, especially Bitcoin or Ethereum. They are called "whales" because their massive holdings can make **big waves in the market**, just like a whale in the ocean.
๐ Why Are They Important?
A "whale's trade" can cause prices to "rise or crash" because moving large sums affects supply and demand.
For example:
if a whale sells thousands of BTC at once, prices may drop due to sudden oversupply โ this is called a "whale dump."
๐คซ Whale Watching
There are even websites and Telegram bots that 'track whale activity'. Traders use them to "predict market movements", almost like following the footprints of giants.
