What is Bitcoin whale watching and how to track Bitcoin whales? – Cointelegraph

What is Bitcoin whale watching and how to track Bitcoin whales? – Cointelegraph

Whales are held responsible for sudden price fluctuations in the crypto and traditional markets every so often. Given their capability to manipulate market prices, it becomes paramount for the general Bitcoin (BTC) investors to understand the nuances that make one a whale and their overall impact on trading.

Wallet addresses that contain large amounts of BTC are identified as Bitcoin whales. Dumping or transferring large amounts of BTC from one wallet to another negatively impacts the prices,…


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