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Crypto Speak: Whale watching “Whale watching” is to monitor large transactions made by whales (large cryptocurrency holders). Whale watching happens for two reasons: 1. Their actions can have an impact on the market—e.g., if whales start selling a coin en masse, its price will most likely start to fall in the near future. 2. Their actions are an investment idea in themselves, with some investors repeating the actions of whales. But keep in mind that blindly “following” whales is a bad idea because you never know what their true motives are. #WhaleAlert $SOL $BTC

Crypto Speak: Whale watching

“Whale watching” is to monitor large transactions made by whales (large cryptocurrency holders).

Whale watching happens for two reasons:

1. Their actions can have an impact on the market—e.g., if whales start selling a coin en masse, its price will most likely start to fall in the near future.

2. Their actions are an investment idea in themselves, with some investors repeating the actions of whales.

But keep in mind that blindly “following” whales is a bad idea because you never know what their true motives are. #WhaleAlert $SOL $BTC

Avertissement : comprend des opinions de tiers. Il ne s’agit pas d’un conseil financier. Consultez les CG.
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