When we hear the word “whale” in the world of Cryptocurrencies, we believe in the power and influence of the market. Being the latter that interests us here, it is time that we evaluate what is the secret (not so secret) of the Whale Crypto. This Whales Crypto possesses a large amount of a criptomoneda in particular and you can change the direction of the market the way they want. There’s no question. Now, if we talk about great actors that are referenced with this name, we find institutions such as Hedge Funds and Bitcoin Investment Funds.
Image Source: steemitimages.com
Despite the fact that we know what they are and that they move, we can’t always know for sure that in fact, the whales are moving. How is this possible? Well, simple: the Whale Crypto greatest are those that are not normally on the surface. In turn, the main protagonists of these events are typically institutions, such as the one described above.
Image Source: news.bitcoin.com
Whales in Crypto are larger which are not normally on the surface. Don’t want to make it clear their movement. This Whale Crypto generally manages hundreds of thousands of Bitcoin, which are then placed strategically and secret in the market. This last is done through exchanges made by means of special agreements, out of sight and hidden by the retailers regular. If this were to occur, and these transactions daily the market with its immense power, it simply would lose its purpose, that like the smaller players, is to buy low and sell high. On the contrary, what the whales greater often do is stagger and hide their entries in the market, dividing the large operations into hundreds or thousands of small orders and then gotearlos in the market for hours, days or weeks.
Source: Currency Market
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