$ 60,725
$ 2,197.2
$ 0.9990


In the cryptocurrency world, a “whale” refers to an individual or entity that holds a large amount of a particular cryptocurrency. Whales have the potential to manipulate currency valuations due to the sheer volume of their trades.

Key Points:

  1. Significant Influence: Due to their large holdings, whales can influence the price of a cryptocurrency by initiating large buy or sell orders. Their actions can lead to price fluctuations, both positive and negative.
  2. Whale Watching: Many traders keep an eye on whale activities, as their transactions can provide insights into potential market movements. There are even dedicated tools and platforms that track whale transactions.
  3. Types of Whales:
    • Bitcoin Whales: Individuals or entities that hold a large amount of Bitcoin.
    • Altcoin Whales: Those who hold significant quantities of alternative cryptocurrencies other than Bitcoin.
  4. Whale Movements: Large transfers of cryptocurrencies between wallets, especially to and from exchanges, are often seen as indicators of a potential large buy or sell-off.
  5. Accumulation and Distribution: Whales often engage in accumulation (buying large amounts) during market lows and distribution (selling large amounts) during market highs, capitalizing on their ability to influence prices.
  6. Potential for Manipulation: There are concerns in the crypto community about whales’ ability to manipulate market prices. For instance, they might engage in “pump and dump” schemes, where they artificially inflate the price of a cryptocurrency only to sell it off at a profit.
  7. Origins: Some whales have been involved in the cryptocurrency market since its early days, while others might be institutional investors or wealthy individuals who have entered the market more recently.


  • Bitcoin Whales: Addresses that hold more than 1,000 BTC are often considered Bitcoin whales.
  • Whale Alerts: Platforms like Whale Alert track and provide real-time updates on large cryptocurrency transactions in the market.


  • Market Impact: Large transactions by whales can lead to sudden and significant price swings, which can affect other traders, especially those with smaller holdings.
  • Perception: The influence of whales can sometimes deter new investors from entering the market, fearing manipulation.
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CryptoCurrencyUSDChange 1hChange 24hChange 7d
Bitcoin60,725 2.39 % 1.29 % 13.57 %
Ethereum2,197.2 0.23 % 0.67 % 2.46 %
USDC1.000 0.10 % 0.02 % 0.08 %
Cardano0.2543 0.15 % 1.68 % 3.38 %
Tether0.9990 0.10 % 0.04 % 0.02 %
Binance Coin (Wormhole)222.47 0.38 % 4.71 % 3.08 %