# ⚖️ **Balance of Power Between Whales and Retail** (using Binance as an example)

**Category** Share of Trading Volume **Impact on Price**

| Large Whales 70–80% Critical: sales provoke a chain reaction.

| Exchange Reserves | 20–30% Moderate: liquidity management increases volatility.

| Retail Traders | <10% Minimal: follow the whales, exacerbating the trend.