🐋 Whales in the Market: Who Are They and How to Monitor Them?

In the crypto market, “whales” refer to investors who own large volumes of tokens. Their actions can influence the price: a large purchase leads to an increase, while mass selling causes a drop.

📊 What Whales Do:

- Accumulation: they buy tokens during periods of low activity.

- Dumping: they sell assets during an increase, locking in profits.

- Manipulation: sometimes, the movement of tokens is used to create panic or euphoria.

🔍 How to Monitor:

- Whale Alert — a bot and website that tracks large transactions.

- Glassnode, Arkham, Lookonchain — analytics for wallets.

- Blockchain explorers — you can manually check addresses and movements.

💡 Tip: the actions of whales are not a signal for blind buying, but a reason to study the situation more deeply. Sometimes it’s better to swim with the whale than against it 🐬