🐋 How whales control the market and create trends
Oh, these mysterious crypto whales are heroes with huge wallets that even the most sophisticated traders have their eye on.
🪙 A crypto whale is a participant in the world of assets, owning a significant part of the cryptocurrency space. If you have more than 1,000 BTC in your wallet, congratulations, you are in the crypto whale club.
🚀 How crypto whales influence the market:
— Stimulation of market movement: Crypto whale makes a move - the rest follow. This is how bullish and bearish trends arise.
— Liquidity: Crypto whales, being owners of huge capital, directly affect the liquidity of the market. They hold the coins - prices are stable, they begin to trade - the roller coaster ride is ready to start.
— Volatility: Not only market volatility, but also its stability depends on crypto whales.
👀 How to keep an eye on Whales? —
⌨ Many channels and investors actively monitor whale addresses to analyze their activities.
⌨ Transactions to exchanges: Transferring crypto from wallets to exchanges is a harbinger of future market movements.
⌨ Internal Transactions: Although Whales strive to hide their identity, analyzing internal transactions may be the key to their strategies.
