HOW TO SPOT WHALES? 🐳🐳🐳
Thanks to the transparency of blockchain technology, there are many ways to detect and track whales and their every move. However, things are not always easy as whales are also always trying to find new methods to move large amounts of cryptocurrency. However, even though they tried to hide their identities with creative tactics, they still could not completely hide their activities.
A good starting point is to analyze trading patterns. Whales tend to influence the market with large transactions. Recognize these transactions and trace them to their sourceof them can help identify whales.
Another method is to find large transactions using blockchain explorers, such as Blockchain.com or Etherscan. You can also monitor Twitter and other social media platforms and wait for whale warnings. There are many people who monitor the whale's movements and notify them as soon as they are discovered. #Crypto #binance