Understanding Crypto Whales🐳

Large cryptocurrency holders are called whales🐳 because they are much larger than smaller fish🐟 in the cryptocurrency ocean. Three bitcoin wallets owned 2.94% of all the bitcoin in circulation in March 2024, according to Bitcoin Info Charts, and the top 110 wallets held more than 15% of all bitcoin.$BTC

These large accounts are closely monitored by the crypto community and investors. It's publicly announced on the Whale🐳 Alert website and on its X (formerly Twitter) account if any whales🐳 make transactions.