🐳Who are☜🐳 Whales 🐳
In the context of trading platforms and financial markets, the term "whales" is used to refer to individuals or entities that own large amounts of assets or securities.
These whales can be:
1. Wealthy investors: Individuals with a large amount of wealth that enables them to buy large amounts of stocks or digital currencies.
2. Investment funds: such as hedge funds or mutual funds that manage assets worth billions of dollars.
3. Large companies: such as major companies that own shares in other companies or hold large amounts of digital currencies.
The impact of whales on the markets can be noticeable, as their buying or selling movements can significantly affect prices.
Some whales may engage in strategic trading operations to profit from market fluctuations, making them the subject of interest and analysis by other traders and investors.
