WHAT IS A WHALE IN CRYPTOCURRENCY?
There are new users on the platform who are still learning about crypto, so I'm going to give you some slang from the "crypto market" so you — newbies — don't get lost:
WHALE in the crypto world: It's a colloquial term that refers to institutional investors or wealthy individuals who own large amounts of cryptocurrencies, such as Bitcoin or Ethereum. These investors have enough power to significantly influence the cryptocurrency market with their buying and selling decisions.
Common characteristics of "Crypto whales": Large amount of digital assets, ability to influence prices and the market, high-risk investments, sophisticated investment strategies, and active participation in cryptocurrency markets.
To be a crypto whale, you need to have at least 1,000 Bitcoins, more than R$600 million.
If any of these whales want to give me a gift, here's my 🆔 748268350 🙏🏾.
