Topic: Here’s How Much of Each Major Altcoin Is Owned by Whales - page 2. (Read 292 times)
I think that basically the largest holders of altcoins are exchange wallets or project teams. Now there are very few individuals who invest a lot of money in weak altcoins
Most of the rich addresses are probably owned by exchanges or similar platforms that manage large amounts of cryptocoins for many people.
This is probably the case with small/unpopular coins. You would expect that as the cryptocoins grow and become popular, the developers "large portions" get dwarfed but this is not really the case.
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whales really do own a large portion of the circulating supply of some cryptocurrencies.
This is probably the case with small/unpopular coins. You would expect that as the cryptocoins grow and become popular, the developers "large portions" get dwarfed but this is not really the case.
What is certain about this stuff is probably they hold more than 20% of world's total supply of alts or bitcoin. Since they are a big company or huge groups they maybe have alot of sectors or a group tree which shows the connection at every part of each branches which has at least alot of crypto currencies to hold. I am just spitting up an imagery of what I thought of range of total hold of whales that are enough to manipulate a changes in the market.
IntoTheBlock has documented what percent of each cryptocurrency is held in the richest addresses. What they found shouldn’t surprise anyone.
It’s difficult to assess the extent of inequality within cryptocurrency ecosystems. After all, they could be exchanges or custodial groups—but, in some cases, a few whales really do own a large portion of the circulating supply of some cryptocurrencies.
Here is the source link for the full news
I know the feeling of “Fear of Missing Out” during the time that Ethereum and the others are still cheap back then. Although I knew about Bitcoin last 2014, but I didn’t take it seriously and not investing a single dime there. Same thing goes to Ethereum, Cardano, Bitcoin Cash and the others.
I really wanted to be a “whale”, but the entire crypto market is now in uncertainty and doubt, as most of the tokens were totally “shitcoins” and ended up as “exit scam” or getting abandoned by the founding team. Only a handful right now might be worth holding, but no guarantees that they will have the same kind of “wave” as Bitcoin, Ethereum and the others when they’re still in the early stages.
Most of these "whales" are actually the cold wallet storage addresses of the major exchanges.
What studies like this overlook is that at the moment people keep more coins in exchanges than they do in their own wallets. Some people even use exchanges as their wallets.
I prefer to have more information about these addresses. Are exchanges also in this list? if there is, it would not be right to call them "whales".
We all want to be whales.
But we are late for the chance these whales got.
Most of them are surely exchanges but the holding of Cardano seems troublesome. This also proves bitcoin is one of the most decentralized coin. We all want to be whales.
But we are late for the chance these whales got.This could also be a good news for investors looking for a bull run as whales still believe in those coins. But it's not a good news for overall intention of crypto.
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No one can know or have the actually information about the altcoin owned by the whales. With that been said, the crypto is certain and not full of doubt as you thought. I believe the major problem people/investors had these days is the act of using old strategies which only work before the previous ATH market.
If you're fear of missing out and dont miss another opportunity invest in already working project now that the market price are low dont invest in new altcoin which you dont know how to select the genuine project.
If you're fear of missing out and dont miss another opportunity invest in already working project now that the market price are low dont invest in new altcoin which you dont know how to select the genuine project.
I prefer to have more information about these addresses. Are exchanges also in this list? if there is, it would not be right to call them "whales".
We all want to be whales. But we are late for the chance these whales got.
We all want to be whales.
But we are late for the chance these whales got.
Probably they owned around 30 percent because as the matter of fact they cannot make a swing in the growth rate suddenly if they don't have big contribution in it. So for me it's either30 percent 40 for example.
IntoTheBlock has documented what percent of each cryptocurrency is held in the richest addresses. What they found shouldn’t surprise anyone.
It’s difficult to assess the extent of inequality within cryptocurrency ecosystems. After all, they could be exchanges or custodial groups—but, in some cases, a few whales really do own a large portion of the circulating supply of some cryptocurrencies.
Here is the source link for the full news
I know the feeling of “Fear of Missing Out” during the time that Ethereum and the others are still cheap back then. Although I knew about Bitcoin last 2014, but I didn’t take it seriously and not investing a single dime there. Same thing goes to Ethereum, Cardano, Bitcoin Cash and the others.
I really wanted to be a “whale”, but the entire crypto market is now in uncertainty and doubt, as most of the tokens were totally “shitcoins” and ended up as “exit scam” or getting abandoned by the founding team. Only a handful right now might be worth holding, but no guarantees that they will have the same kind of “wave” as Bitcoin, Ethereum and the others when they’re still in the early stages.
IntoTheBlock has documented what percent of each cryptocurrency is held in the richest addresses. What they found shouldn’t surprise anyone.
It’s difficult to assess the extent of inequality within cryptocurrency ecosystems. After all, they could be exchanges or custodial groups—but, in some cases, a few whales really do own a large portion of the circulating supply of some cryptocurrencies.
Here is the source link for the full news
I know the feeling of “Fear of Missing Out” during the time that Ethereum and the others are still cheap back then. Although I knew about Bitcoin last 2014, but I didn’t take it seriously and not investing a single dime there. Same thing goes to Ethereum, Cardano, Bitcoin Cash and the others.
I really wanted to be a “whale”, but the entire crypto market is now in uncertainty and doubt, as most of the tokens were totally “shitcoins” and ended up as “exit scam” or getting abandoned by the founding team. Only a handful right now might be worth holding, but no guarantees that they will have the same kind of “wave” as Bitcoin, Ethereum and the others when they’re still in the early stages.
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