Knowledge Popularization - Coin Circle Whale

On the eve of the recent bull market, many friends have discovered that "whales" have begun to appear. So what does the so-called whale mean? Then kk8888 is here to popularize it for everyone. Please pay more attention and support me. I also hope that Binance can reward us with chicken legs🍗~

In the cryptocurrency community, "whale" is a term used to describe individuals or organizations that hold large amounts of cryptocurrency, such as Bitcoin. These whales often own thousands or more cryptocurrencies, and they have the ability to influence market prices through the purchase or sale of large amounts of assets. Therefore, their actions and trading activities have a significant impact on the overall cryptocurrency market.

In addition, whales are also divided into different types, such as short-term whales and long-term investors. Short-term whales usually pursue short-term investment returns, while long-term investors pay more attention to long-term investment opportunities.

Generally speaking, "whales" in the currency circle are large holders or traders who control a large number of cryptocurrencies and have the ability to influence the market. Their every move may trigger market fluctuations, so they receive widespread attention.