Menu
Home
Advertise
Forums
Search forums
What's new
Unread posts
New articles
New article comments
Latest activity
Earn Money
Money apps
Passive Income
Paid Survey
Forex
Stock
Real estate
Paid to write
Social Media Earning
Review Website/Apps
Crytocurrency
Bitcoin (BTC)
Ethereum (ETH)
Crypto Exchange
Mining
Crypto Faucet / Airdrops
Binance
Business
Business strategy
Funding a business
Marketing
Digital Marketing
Social media marketing
Email marketing
Brand management
Personal Finance
Money Saving
Retirement
Personal loan
Savings for Students
Debt help
Tax relief
Insurance
Car Insurance
Life Insurance
Liability Insurance
Home Insurance
Health Insurance
Disability Insurance
FAQ
Log in
Register
What's new
Search
Search
Search titles only
By:
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Money Making Forums
Cryptocurrency Forums
Whales influence and explanation in the crypto world.
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
[QUOTE="Deleted member 51169, post: 154268"] Most of us have been hearing about Whales in the crypto market and maybe asking who are they? Don't worry, I was once naive like you. A little research and market analysis helped me. According to investopedia, "whales are a cryptocurrency term that refers to individuals or entities that hold large amounts of cryptocurrency. Whales hold enough cryptocurrency that they have the potential to manipulate the currency valuations". In the Bitcoin world, the biggest known well is its founder Satoshi Nakamoto. Just like whales movement in water disturbs other little fishes swimming and feeding, so does these assets holders determines the market indices. Their entrance into the market can sway the prices of coin either against you or in your favour, because these Whales trade in large volumes. You may be wondering how can one determine who they whales are. Welm, Whales are determined by monitoring of wallet addresses containing a minimum of 1,000 BTC. These wallets can be identified on the blockchain and then monitored for activity. Any incoming or outgoing transactions to/from these wallets may be of interest to market participants. In the dip of Tuesday-Wednesday a Whale was spotted buying large volume of Bitcoin. However, MicroStrategy is one of the known and named Whale for its major purchase of bitcoin in large volumes. Nonetheless, other coins has their own whales too, like Elon Musk founder and owner of Telsa and Space X has been finger's to be A DODGE WHALE. Written by Inspirator1 [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Money Making Forums
Cryptocurrency Forums
Whales influence and explanation in the crypto world.
Top