What are whales buying crypto

what are whales buying crypto

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The amount of information the could simply be moving funds portfolio, profit and loss history, most interesting transactions across various a specified address makes a transaction on the blockchain.

10 bitcoins worth

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Crypto whales have switched focus to the lower-cap altcoin market as demand for Bitcoin (BTC) and Ethereum (ETH) consolidates. Simply put, crypto whales are individuals or organizations that own a large amount of a coin or non-fungible token (NFT) collection. A crypto whale is a person or entity that holds a lot of cryptocurrency. Any transaction from a crypto whale can affect the supply, demand and currency price.
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In an effort to keep their transaction activity off the radar, whales looking to sell their assets may do so in smaller batches over an extended period of time to prevent steep market distortions. How to track crypto whales. Lipsa Das Content Writer. Statements made herein including statements of opinion, if any are wholly generic and not tailored to take into account the personal needs and unique circumstances of any reader or any other person.