“A whale address transferred thousands of bitcoins to an exchange”—what does that mean?
One person can have many addresses, and an exchange address may hold the assets of many users. The number of addresses is not the same as the number of users.
Key takeaway: When you see breaking news about “whale activity,” first check who owns the address and where the coins ended up. Don’t trade based on the headline alone.
The transfers by $BTC and $ETH are publicly verifiable; $ARKM is the token of the on-chain analytics platform Arkham.
Size your position according to your risk tolerance, and leave yourself some room.
One person can have many addresses, and an exchange address may hold the assets of many users. The number of addresses is not the same as the number of users.
Key takeaway: When you see breaking news about “whale activity,” first check who owns the address and where the coins ended up. Don’t trade based on the headline alone.
The transfers by $BTC and $ETH are publicly verifiable; $ARKM is the token of the on-chain analytics platform Arkham.
Size your position according to your risk tolerance, and leave yourself some room.