Whale – Whale

Whale literally translates to "whale" in Chinese, but a more appropriate translation is "big household". Each currency has a different definition of a whale. For Bitcoin holders, holding more than 1,000 Bitcoins qualifies them as a whale. There are currently no more than 3,000 such large households.

Whales can be individuals or institutions, such as cryptocurrency exchanges, investment funds, or other large investors. Whales own large amounts of cryptocurrency, and their operations can influence market prices and potentially cause panic selling or buying from other investors.