How ‘Whales’ influence the price of Bitcoin
#crypto #bitcoin
The term 'whale' refers to an investor with deep pockets who can move the market by buying or selling in large volumes. Given the relatively modest market caps of crypto assets compared to other sectors, the movements of crypto whales can provide important price signals to alert investors
OhNoCrypto
via https://www.ohnocrypto.com
Alex Lielacher, @KhareemSudlow
The term 'whale' refers to an investor with deep pockets who can move the market by buying or selling in large volumes. Given the relatively modest market caps of crypto assets compared to other sectors, the movements of crypto whales can provide important price signals to alert investors
OhNoCrypto
via https://www.ohnocrypto.com
Alex Lielacher, @KhareemSudlow