Crypto whales are individuals or entities that hold significant amounts of cryptocurrency, which enables them to influence the market. Some key points about crypto whales include :
They hold over 1% of a particular cryptocurrency's circulating supply.
Crypto whales can impact market sentiment, resulting in price volatility.
They can contribute to liquidity reduction by holding a significant portion of a specific cryptocurrency.
Tracking crypto whales can help traders and investors navigate market movements.
Examples of crypto whales include Brian Armstrong, Changpeng Zhao and the Winklevoss twins. $BTC $ETH $SOL #whales #CryptoTradingGuide #Write2Earn! #BinanceTournament