An Overview of Crypto Whales: How Do They Manage the Market?
People or organizations who own substantial quantities of bitcoin are known as "crypto whales," and their trades frequently affect market prices.
Whales can influence the actions of smaller traders by generating price volatility through the execution of huge buy or sell orders.
Whales control prices by employing strategies like "spoofing" and "whale walls," which cause market movements to move in their favor.
They have an impact on liquidity pools, where significant transactions may have an effect on token supply and demand.
Traders can predict significant changes in the market and price swings by employing blockchain data to track whale movements.
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