Definition of the term whale

A whale in crypto is an individual or institutional company who has enough money and power to directly influence the price of a cryptocurrency or stock.

Whale used in a sentence

‘’Did you just see this big red candle? Probably a whale who just sold all his tokens!’’

‘’We need more whales in this project, I need the price to go up!’’

‘’Whales can disturb the cryptocurrency market quite easily if they buy/sell at market prices!’’

History of whale

When a whale enters a position, the price tends to follow a similar pattern. Demand for the stock will rise rapidly as positions are being bought. The price will skyrocket and other investors will notice, jumping on board. After a few minutes or hours, the amount of new investors will slow down creating a plateau or hump in the price. Investors lose confidence and begin to pull their position out of fear that a crash in the price is coming, ultimately causing said crash themselves.

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