Can you guys identify Whale move? - page 4.

GreatArkansas

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Quote from: johnwest on January 25, 2020, 11:43:51 AM

Whale Alert is the best way to get the latest update on a large amount transfer. They tweet about most of the top alts too. They even have their API's if you are a developer and creating your own bots. Wink

I think what's OP need is whale move on some exchanges which that twitter bot (Whale Alert) is impossible to track, since that twitter bot (Whale Alert) is only focusing on transaction happened on some blockchain network, like in Bitcoin network transfer from some bitcoin address to another address with some specific amount of being transferred.

But this is also good especially if there are some huge amounts being transferred from an unknown wallet to some exchange wallet, then it's possible that users who transfer the cryptocurrency in the exchange's address has something to do with, like selling it or use it to buy some cryptocurrency or just kidding, like to troll or whatsoever, we still don't know what is their motive.

Distinctin

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Hypes is one thing that whales will be doing. And it is pretty obvious to look at when a certain coin/s do skyrocket without any single factors that the market it has. Seeing its price moves instantly from $1 to $100, you'll be careful about that kind of scheme cause that meant to be a trap and it only gives you losses once hypes are getting over.

wozzek23

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Quote from: wajik-tempe on January 25, 2020, 12:26:19 PM

Quote from: psjin128 on January 24, 2020, 07:48:17 AM

As i am looking at bitcoin chart now, BTC price just soared little bit in a short time.

It happened because of whale's move or not.

Btw, can anybody identify whale's move? If there is a way to see it, is there a tip for it?

Thx!

It's hard for BTC because price could be pump and dump without any news or anything because it's worldwide and new investors could come without noticable, but if low volume coins with nothing good news or and the price could go 10%, there might be whales are pumping it to make a trap.

Yes, lower volume coins are actually the targets of the whales as they can easily create bullish or bearish trap over those coins. New investors are the ones who get trapped in these traps and loose their money but the whales keep filling their pockets. Some group of extreme big whales might even play with the price of bitcoins if the amount they hold is larger than atleast 30% of the total volume.

This might give them huge benefits by creating bullish or bearish traps and a lot of investors might face loss in this. There are a lot of telegram bots which speculate each and every movement in the altcoin markets and keeps give us the latest updates so it is easy to predict the whale movements for those altcoins.

LUCKMCFLY

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Quote from: psjin128 on January 24, 2020, 07:48:17 AM

~snip~

You have to observe the volume, the volume gives a lot of information, you can also check the Long and Shorts charts, you can extract information from there. In many cases I usually use tensorcharts.com, because in this particular case the volume shown in green indicates purchase and sales red. If you are a user who has TradingView or Tensorcharts.com in a paid version, I recommend that you look for the Volume Profile, which is an excellent tool to see what may be happening, basically by combining all this information you can more or less intuit that it is happening, and then it is in you to make your respective analysis.

spike420211

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Many times I tried to analyze the behavior of whales in individual coins, especially with regard to volumes, and each time nothing came out.
Everything seems pointless, so I quit this venture. The only thing you can focus on is how and when the whales gain their positions.

FanEagle

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The whale alert twitter account is actually a good help for the movements if you only wonder about coins going one place to another, however if it is only the price you care about it still works. You can check that place and if there is a huge movement going on that is unexpected previously and something happens at the price like going up or down, you can usually attribute it to the price itself.

We have seen plenty of times when there was a move of 30k+ bitcoins from one place to another and price going down right afterwards, that is something we have caught with our own eyes before. Yet the trouble is to find when that will be an issue and when it is nothing important, there is plenty of whale movements that never impact crypto as well, they just change wallets time to time and if you are paranoid enough even that could scare you.

wajik-tempe

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Quote from: psjin128 on January 24, 2020, 07:48:17 AM

As i am looking at bitcoin chart now, BTC price just soared little bit in a short time.

It happened because of whale's move or not.

Btw, can anybody identify whale's move? If there is a way to see it, is there a tip for it?

Thx!

It's hard for BTC because price could be pump and dump without any news or anything because it's worldwide and new investors could come without noticable, but if low volume coins with nothing good news or and the price could go 10%, there might be whales are pumping it to make a trap.

boris singer

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Quote from: johnwest on January 25, 2020, 11:43:51 AM

Whale Alert is the best way to get the latest update on a large amount transfer. They tweet about most of the top alts too. They even have their API's if you are a developer and creating your own bots. Wink

I also often use it as a reference, information looks accurate about large nominal movements. A little analysis of the possibility of this movement begins with a notification about the number of usdt / usdc burned at the Incinerator, and we can see a few hours later will definitely be transferred to certain exchanges and affect the overall price of bitcoin.

Distinctin

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Quote from: psjin128 on January 24, 2020, 07:48:17 AM

As i am looking at bitcoin chart now, BTC price just soared little bit in a short time.

It happened because of whale's move or not.

Btw, can anybody identify whale's move? If there is a way to see it, is there a tip for it?

Thx!

Don't make it a big deal for you mate. The market comes like that all the way it goes either going up or just it dumps. Whales have to surround but they are not in control of the market price and its changes. They have their own strategy, the same thing that we have...it all just happens that they have capabilities to make things work with them. But it doesn't mean that all of the happenings around can be put blame on them coz there is a lot of factors that could ever change its trends from time to time.

johnwest

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Whale Alert is the best way to get the latest update on a large amount transfer. They tweet about most of the top alts too. They even have their API's if you are a developer and creating your own bots. Wink

Amel

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There is no specific way to identify whale steps, I myself only monitor prices every hour to see whale orders. If you are able to make bots, it's better to make bots to identify whale steps. You can take advantage of direct action or just a warning on your computer. Yeah, that's quite difficult because the whales are moving quickly supported by the number of traders on the market who are ontime.

Sadlife

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There's a way to find out on who's buying what or who's selling crypto. I guess some exchanges provides data/API or chart to show some of their big users movement but anonymously. You could also try whale-alert.io but there are tons of them and watching whales move their funds would surely burn your eyes and mind.

stomachgrowls

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Quote from: psjin128 on January 24, 2020, 07:48:17 AM

As i am looking at bitcoin chart now, BTC price just soared little bit in a short time.
It happened because of whale's move or not.
Btw, can anybody identify whale's move? If there is a way to see it, is there a tip for it?
Thx!

Theres no way for you to find out and people do only know when its too late.Talking about charts then you can identify sell or buy orders that trying to wall out prices. Heres some good read https://bitcointalksearch.org/topic/a-way-to-spot-fake-walls-58638

Tips? Actually theres none but these kind of movement will really profit you out if you do know on how to utilize it.Dont focus too much on charts because most likely prices do react with sentiments that do pops out in the market and also this one might interest you in: https://www.tradingview.com/ideas/whales/

clickerz

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Quote from: adroitful_one on January 25, 2020, 05:01:02 AM

If you're watching an exchange and you notice one guy putting in a huge order, then do exactly the same thing he does. That tends to work well for me. You have to be careful and make sure it's one whale making the orders, but if you do, follow him. It's easier to do on some of the smaller coins with less volume since you can keep track of the orders easier. Buy when he buys, sell when he sells. There's a reason he has so much money.

That's what the usual indicator, a huge buy or sell order. But what if the guy made a staggering position in smaller amounts. Though it may result in a bigger total order sometimes it is not a guarantee its a whale moves. But yeah, a volume is a must to watch when trading.

adroitful_one

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If you're watching an exchange and you notice one guy putting in a huge order, then do exactly the same thing he does. That tends to work well for me. You have to be careful and make sure it's one whale making the orders, but if you do, follow him. It's easier to do on some of the smaller coins with less volume since you can keep track of the orders easier. Buy when he buys, sell when he sells. There's a reason he has so much money.

nicolas1979

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Most whales moving before news and weekend, they create bait to invite people get involve with their transactions, after that your money will become their target. Crypto news is not like forex, need to built perspective before they eat your money and that's need time. No one can't identify whales but if play in event ( ICO, IEO, etc ) is just manipulation group ( not whales ), mostly they using telegram channel for communication and enter market in one shoot with all member fund, dump isn't?

Landak

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difficult to identify, if at a glance what we might know is from the pump/dump quickly in the last 24 hours. like what happened to bitcoin sv earlier this month, I guess that's also one of the big whales. if from a long-term analysis, it will be difficult to identify it. although there is already information from whales-alert.io but that also cannot provide certainty that the big whales will dump and the pump can be that just an ordinary transaction.

Savemore

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There is a way for you to know if there are whales who start accumulating positions and it is through volume. If the price is consolidating, then there are masive volumes per day and the price have only small movement then it is the time that whales are start buying and collecting positions in the market. Volume is important indicator and we can see those whales through reading volumes.

Coin_trader

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Quote from: Zemomtum on January 24, 2020, 07:38:48 PM

Well, the whale move in itself is determined by the technical analysis and some fundamental news. They knew these things more than any trader and can easily read the psychology of traders. sometimes technical analysis might assist you to guest their movement right but not always

You can't identify it by the technical analysis itself since it's more on fundamental analysis. You can't determine on a chart that the movement is a whale move or just people rushing in to ride the waves. The best way is to combine TA to FA. You can use some big transaction tracker such as https://whale-alert.io/ to determine whale movement. If there is a sudden price jump before/after that big transaction then its definitely a whale movement. If no big transaction then there is big fluctuations in price then its general trader force.

Remember this. No whales left there funds on exchange. They always transfer it to there cold storage after the trade for safety purposes so its easy for them to track. Unless the exchange itself do the manipulation then it can't be track down.

TIDOVEE

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Quote from: oktana on January 24, 2020, 04:35:19 PM

to identify their steps can be seen from the activities of large transaction movements that can be seen in telegram bots such as whale alerts, but can only be analyzed roughly whether it will affect or not.

the bitcoin price difference of around $ 200 or vice versa has an important effect for traders, especially if the price rises higher, this movement can also run from chart development naturally, not always from whale movements.

Most times people don't understand what the whale itself is.
And that's why noticing it's movement is more difficult. When you see an heavy transaction usually at a time, that is whales movement. They are the rich investors that tend to have a massive Influence on the the transaction. You will have to study the market chat constantly to observe their movement. They can cause a crash on a project.based on their huge investment.

Topic: Can you guys identify Whale move? - page 4. (Read 1165 times)