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Crypto whales are big investors who own a lot of cryptocurrency. Because they have so much, they can change the market by buying or selling large amounts of coins. If a whale buys a lot of a coin, the price can go up because more people want to buy it. But if they sell a lot of coins, the price can drop quickly, causing smaller investors to panic and sell too.
Sometimes, whales use tricks like "pump and dump." In this, they make the price of a coin rise by getting others excited to buy it. Once the price is high, they sell their coins, which makes the price fall, leaving others with losses. This type of manipulation makes the crypto market unstable and risky for regular traders.
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