Topic: what is whale - page 2. (Read 547 times)

whale means an investor who has a huge amount of money in investments. Suppose A coin has 20 million total supply. And just in only one person buy the coin alone about 1-2 million coins. Then the person can easily pump the coin by creating buy order, And easily can dump the coin by creating huge sell order, So these type of investor easily can play a pump dump game with any coin.

They have a lot of money and have a reputation in the financial world, as an individual or as an organization. To guess how they do something is very hard, we can just follow the plan they have set and wait for their next move.

Whales are people who have a large portfolio of coins! They make an artificial drop in the coins! Thereby forcing you to sell your coins to these whales at a low price! And when the price increases, you will buy from them at a high price the same coins!  But note that for a long time to keep the market at a low price, they can not! Therefore, sooner or later they stop controlling the market for a certain time!

Whale is a person who own a big part of some asset and use it for manipulations , which are aimed to make a profit for himself . Imagine that you owning 20-50% of total supply of some coin . You can easily manipulate price on this coin through pump/dump exactly when you need .

Funny but make sense. That is the real meaning of whales literally and in currency. If you try to swim with them probably you have a little chance to survive if you are a small fish.

whales are another name or call for those who have large capital, and dominate the market. whales can determine the price they want. because with the capital they have, the price is on them. how to do it.? they do by raising the price to high and dropping it, to get a big profit. they can affect small traders to buy or sell. so we panicked.

Whales are those who own a very large number of cryptocurrencies. These people and companies bought bitcoin and other major assets of the market or at the stages of origin, or in time picked up the trend. This term appeared because whales are the largest creatures in the ocean, and they can exceed the size of all other fish. Bitcoin whales are treated in a similar way — their large stocks can affect large schools of small traders through several successful trading techniques. In addition, the smaller the market and liquidity, the easier it is for whales to devastate small altcoins markets unlike bitcoin.

Another Scam most likely. Otherwise why any sane organization to climb there where don't ask. In General, I think that they are scammers.

That is a very sound and logical explanation. So now I know what a whale is by definition in the market.
When you really have the right number of resources at your disposal then you can really manipulate the market.
Given that, they have the capacity to predict how the market behaves.

I never heard of whales, I thought that there were only bulls and bears. But judging by the name, the whales are probably big players in the market, who have their own interests.

Whale is people, groups that have a big amount of coins and they can control coin price, or affect coin price.

Those are the big time players in the market or composing a group that holds large amount of coins/tokens. These people are responsible of putting buy and sell walls to control the price movement of altcoins. I might say that they are the heads of pump and dump groups. Those whales are also responsible of spreading fake and big news that really gives big impact to price manipulation.

I thought I need to hate whale  for my lose but now I think it's my fault because I'm always fomo

I read a lot of useful information for myself. I will now know. I was also interested in this question.

100 Bitcoin is to low to become a whale. 1000 bitcoin or more are considered as a whale. Less than 1000 bitcoin to 100 bitcoin is considered as dolphin and sharks. Most are small fishes and planktons.

Whale is the guy/group who has majority of coins/tokens and decide the market value because have the advantage of volume. There are a lot of whales so market is not monopoly. Sometimes we see their fighting on orderbook. It's fun to watch.

Whales are not exchanges itself. It's a group from those people are holding more than million dollars worth of cryptocurrency. That's really wrong to say whales are the same with exchange site and it's definitely not true.
Some people are calling someone as a whale if he was having millions worth of assets in the crypto form. I think you are understand about that dude.

My understanding of a whale is that they are those persons who are wealthy enough to buy coins and dump these coins if they want to create a manipulation on the price of cryptocurrency. Mostly whales are percieve as a negative force to the crypto world.

So everyone has told you what a whale is, now let me give you insight into two different kinds of whales:

The btc whale and corporate stooge whale.

The btc whale is the guy who got into btc in it's early days and has been mining it since forever.
They typically have amassed over 1000btc.
They are active in maintaining the network and have dabbled in other blockchain projects.
These guys are our shields against the corporate world.
They mostly have no intention of cashing out and firmly believe in crypto's future and adamantly support it.
They also push and innovate (and argue amongst themselves) which guarantees a great future for all blockchain technology.
Well, this is a huge generalization but this is the norm with this kind of whale.

The corporate stooge whale is someone or a group of individuals that collectively hold an insane amount of btc.
They use a network not unlike super pacs to pool resources together make strategic purchases, and to move the market in their favor.
One of the best examples of this is bitcoin cash.
Last fall, the lead developer on bch gathered a bunch of corporate stooges and together they managed to devalue btc while at the same time pushing bch from $400 to $1800k in just 2 days.
Since then, bch has never gone back that low.
These kinds are not your friends and only have their own interests in mind.

i think, anyone who has 1000btc in the market can be called whale. They can dump anycoin