🗂️ Today’s takeaway: On-chain data
A “whale” generally refers to an address or organization holding a large amount of a particular token. There’s no universal standard for how much makes someone a whale.
When you see breaking news about “whale activity,” first check who owns the address and where the coins ultimately go. Don’t trade based on the headline alone.
Markets are always uncertain, so decide in advance what you’ll do if your analysis is wrong.
All transfers involving $BTC are publicly recorded on-chain and can be checked by anyone using a block explorer.
Be aware of the risks and make your own decisions.
A “whale” generally refers to an address or organization holding a large amount of a particular token. There’s no universal standard for how much makes someone a whale.
When you see breaking news about “whale activity,” first check who owns the address and where the coins ultimately go. Don’t trade based on the headline alone.
Markets are always uncertain, so decide in advance what you’ll do if your analysis is wrong.
All transfers involving $BTC are publicly recorded on-chain and can be checked by anyone using a block explorer.
Be aware of the risks and make your own decisions.