Question

What is a whale in cryptocurrency terms?

Answer 1

In cryptocurrency terms, a "whale" refers to an individual or entity that holds a large amount of a particular cryptocurrency. Whales have the ability to influence the market due to the significant amount of funds they control, and their trading activities can impact the price of the cryptocurrency they are holding.

Answer 2

In cryptocurrency terms, a "whale" refers to an individual or entity that holds a significant amount of a particular cryptocurrency. Whales are often characterized by their large holdings, which can influence the market price of a cryptocurrency when they buy or sell in substantial quantities.