Who Are Whales....????
Let's understand their nature and how they control the small traders.....!!!
In the world of cryptocurrency, whales are individuals or entities holding massive amounts of a specific cryptocurrency. Their holdings are substantial enough to influence the market price.
Here's how whale activity can impact the crypto market:
* Price manipulation:
By buying or selling large quantities, whales can swing the price of a cryptocurrency.
* Market volatility:
Whale activity can increase the crypto market's volatility, causing sudden price fluctuations.
* Investor sentiment:
Whales' actions can influence investor sentiment, leading to buying or selling frenzies.
