Whales

what is their meaning and importance in the market.

“Whale” is the name given to people and companies that have a lot of cryptocurrencies, such as institutional investors. Typically, whales control large amounts of digital assets, in the hundreds of millions. In other words, when they carry out some financial movement – ​​such as selling many coins at once – they cause a lot of impact on the market.

These investors often use this “power” as a strategy to artificially raise or lower the prices of cryptocurrencies as a way to make a profit. One of them is the so-called “buy or sell walls”. How it works: whales place  large amounts of bitcoin purchase orders. As a result, the price of the currency tends to increase abruptly. At this time, they take the opportunity to sell their cryptocurrencies during the rise and profit from the movement.

I will be bringing publications of this genre for those who are less knowledgeable,

I hope this helps to clear up any doubts.

Who can help with tips?

To help I will be grateful!