Whale

A whale is a term used to describe an individual or entity with significant holdings in a cryptocurrency or asset. Their large positions allow them to impact market prices through their trades. This can lead to increased volatility and market manipulation concerns. Whales are often monitored by other traders and analysts because their transactions can provide insights into market trends. In the crypto world, the actions of whales are particularly notable due to the relatively smaller market size compared to traditional financial markets. Understanding whale activity is crucial for traders aiming to anticipate large market movements.