What Is a Crypto Whaleđł and How Do They Affect Crypto Markets?
A cryptocurrency whale,đł more commonly known as a "crypto whale"đł or just a "whale,"đł is a cryptocurrency community term that refers to individuals or entities that hold large amounts of cryptocurrency. Whalesđł own enough cryptocurrency to influence currency markets. Achieving whaleđł status in the cryptocurrency space is subjective, with no set amount that defines the status. The community seems to agree that ownership of a large amount of circulating cryptocurrency qualifies as a whale.đł Learn how these large accounts can influence cryptocurrency investors and the market.