Whale

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A whale is an individual or organization that holds a large number of cryptocurrencies. The movement of a whale has the potential to impact market prices. Furthermore, whale in low-cap altcoins is especially impactful in moving prices. In Indonesia, a whale is often referred to as a ‚Äúbandar‚ÄĚ.

As crypto assets data are publicly available on the blockchain, you can analyze the wallets of whales using on-chain analytic tools. This is one of the differences between the crypto markets and other assets such as equity. So, this analysis can help investors to monitor market trends.

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