How to Track Crypto Whales?
Although blockchain technology and crypto assets provide another great opportunity for individuals to enter the financial world, some people or organizations have more power and influence than others. We called these people, the Crypto Whales. We will try to explain crypto whale trading activities and how to track whale trades in this article, which may help you optimize your trading strategy. Who Are Crypto Whales? A crypto whale means a person or organization that possesses a large number of particular cryptocurrencies. A whale that owns enough cryptocurrencies is able to manipulate the coin or token value. Generally, there is no certain threshold of a person or organization holding tokens or coins to be considered a whale. If you are holding 1000 BTC, people may consider you are a whale. However, for altcoin, the number will be higher, it is basically related to the market value. Who Are the Bitcoin Whales? As mentioned above, Bitcoin whales are people or entities that hold en...