🐋 Who are crypto whales and why is everyone talking about them?
In the crypto world, "whales" are large investors who hold vast amounts of bitcoins or altcoins. They can influence the price of the entire market with a single move!
Why is this important?
• When a whale buys — the price rises due to increased demand.
• When a whale sells — the price falls, causing panic among small investors.
• Whales know how to play on volatility — they raise the price (pump) to then sell at a profit (dump).
• Sometimes they hold assets for years, creating long-term trends.
How to track whales?
• Monitor large transfers and balance changes through services like Whale Alert.
• Analyze sharp changes in trading volumes.
⚠️ Remember: whales can manipulate the market. You shouldn't make decisions solely based on sharp spikes — analyze the data and manage risks.
💡 Tip: Tracking whale activity means listening to the market's breath. It helps make more informed decisions!
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