#الحيتان

Whales in the cryptocurrency market: Great influence or subject to supply and demand?

In the cryptocurrency market, “whales” refer to individuals or institutions that own large amounts of currencies such as Bitcoin or Ethereum. Due to the relatively limited liquidity in this market compared to traditional markets, whale movements have a significant impact on prices.

For example, a large sale by a whale may cause a sudden drop in prices, while large purchases can raise them. This effect is more pronounced in currencies with a small market capitalization.

However, whales do not have absolute control; they are subject to the forces of supply and demand. The more liquidity increases and trading is spread among a larger number of investors, the less influence whales have. Therefore, despite their influence, whales remain part of the market system characterized by balance between different parties.