Everyone, this is a concept you really need to understand: on-chain data!
A “whale” generally refers to an address or institution holding a large amount of a particular token. There’s no universal standard for exactly how much qualifies as whale-sized.
The same metric can mean different things under different market conditions. It’s safer to compare several metrics and cross-check them against price and trading volume than to focus on just one.
Transfers involving $BTC and $ETH are publicly verifiable. $ARKM is a token from the on-chain intelligence platform Arkham. Currently 80466.35.
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