“A whale wallet transferred several thousand bitcoins to an exchange”—what does that mean?
A “whale” generally refers to a wallet or institution holding a large amount of a particular token. There’s no fixed threshold for what counts as a whale.
Key takeaway: Don’t make a large trade based on a single piece of on-chain data. On-chain signals are just one clue to consider.
The transfers from $BTC and $ETH are publicly viewable. $ARKM is Arkham’s token, from the on-chain intelligence platform. Current price: 82543.08.
If you don’t understand something, stay away from it. Try it out with a small amount first.
A “whale” generally refers to a wallet or institution holding a large amount of a particular token. There’s no fixed threshold for what counts as a whale.
Key takeaway: Don’t make a large trade based on a single piece of on-chain data. On-chain signals are just one clue to consider.
The transfers from $BTC and $ETH are publicly viewable. $ARKM is Arkham’s token, from the on-chain intelligence platform. Current price: 82543.08.
If you don’t understand something, stay away from it. Try it out with a small amount first.