Whales have certain influence on the market but to my opinion not so significant as many think. They still don't have such big power to manipulate the market fully and to cause such big dump as we are facing now.
And who benefits from current situation? I think everyone who has enough funds to buy more coins now. Maybe it's not looking so right now but Bitcoin will recover and they will make the profit.
Topic: Whales and their influence - page 3. (Read 551 times)
The one who are holding can manipulate this decentralized market and as our knowledge they are doing this always and make more benfits from the crypto market.BUt its not going to be last forever since when the new people coming to the crypto investments everyday so the investments holding from the whales will get liquidated to the new holders and it will gradually starts to decrease from the huge manipulation range.So whales are getting benefits for now but its will be decreasing when the adoption increases.
Friends, what do you think about the whales of the crypto market, it’s no secret that the main holders influence the situation sometimes very strongly, maybe I don’t understand something, so I wanted to ask you: isn't it time to support crypto and do something? Who can benefit from a catastrophic market decline? And of course, how do you think who or what can affect the current situation?
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