Whales, crabs, and shrimps

Every crypto enthusiast knows who the whales are in the crypto sea, but most likely, you don’t know the full list of its inhabitants =)

In the community, there is a specific classification of holders by the number of their coins.

They are:

Humpbacks — holders with over 5,000 BTC

Whales — over 1,000 BTC (or altcoin owners with a portfolio of at least $10 million)

Sharks — from 500 to 1,000 BTC

Dolphins — from 100 to 500 BTC

Fish — from 50 to 100 BTC

Octopi — from 10 to 50 BTC

Crabs — from 1 to 10 BTC

Shrimp — less than 1 BTC.

There are also “planktons”: BTC addresses with a balance of less than 0.01 BTC.

Most Crypto Twitter users only discuss whale activity, but knowing these classifications can help you flex your crypto knowledge.

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