Whales are large investors or groups holding a significant amount of cryptocurrency. Their actions can have a strong impact on the market. When such players make decisions to buy or sell, it can cause sharp price fluctuations. For example, selling large volumes can trigger a price drop, while buying can lead to an increase. Whales actively use these opportunities to manipulate the market, creating trends that other investors often try to follow. Understanding their strategy helps predict price movements and adapt investments.
11/29/2024 1:11:18 PM (GMT+1)
Whales in cryptocurrency markets: how do they influence prices?


This material was prepared by Khachatur Davtyan, developed and translated by artificial intelligence.