a whale is a person or an institution, with a lot of money and tokens. that's why they are whales.
typically, only successful sales or purchases by whales are disclosed, but of course, they lose money as well.
but keep one thing in mind. since their movements are larger, they are more cautious, they move more slowly... and clearly, because of their size they have a greater impact, but they make mistakes just like I do, like you do, just not as often.
in particular, institutional whales move with greater risk management, because they handle money that is not theirs, and they do it with advice. Trying not to be swayed by emotions...
meanwhile, you and I, mortals in the end, make 10 insignificant sales and purchases in the same week.
but that's it!
happy 100k!