The Bitcoin supply held by whale entities has declined by 40% over the past eight years as profit-taking continues.
Whale News
A cryptocurrency whale, often known simply as a “whale,” is an individual, institution or exchange in the crypto community that holds substantial quantities of cryptocurrencies. Whales hold enough cryptocurrency to be able to manipulate the price of cryptocurrencies. As a result, the state of the market can be understood by observing how whales act, whether they are selling or accumulating.
A whale occasionally posts a sizable order to sell a considerable amount of its cryptocurrency tokens, also called the “sell wall” effect. They maintain a lower price than other sell orders, leading to volatility, which generally lowers the price of digital coins. Following this, there is a domino effect where others sell their tokens at lower prices out of panic. As a result, whales gain more power, as they can purchase more coins for less money.
In addition, whales frequently artificially raise the price of the tokens by placing large buy orders, which is the opposite of the sell wall effect. They increase interest in cryptocurrency tokens, which motivates buyers to improve their offers. In essence, whales impact other token investors through a ripple effect. They can influence the market in their favor by raising and lowering prices.
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Wynn has asked the crypto community for donations to help him fight the “market-making cabal” that he says is hunting for his liquidation.
25101 - Price Analysis
Bitcoin is witnessing a tough battle near the $105,000 level, but the downside looks limited.
8792 - Explained
Bitcoin may be decentralized, but its price isn’t immune to the influence of whales, protocol upgrades, ETF approvals and global regulations.
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Hyperliquid trader James Wynn has seen his 949 Bitcoin long positions liquidated after the cryptocurrency dipped below $105,000.
5216 - Price Analysis
Investor profit-taking eroded Bitcoin’s bullish momentum and opened the doors to a price consolidation phase. Will traders buy altcoins at a discount?
8636 - Markets News
Bitcoin's biggest traders appear confident in increasing exposure just below all-time highs, but a BTC price correction may still be in the cards.
5121 - News
A crypto whale sold over 2,500 ETH before a major rally, then bought back at a much higher price.
10331 - Price Analysis
Altcoin season carries on as Bitcoin price consolidates throughout the week.
10206 - Opinion
As crypto market manipulation evolves, highly organized networks coordinate sophisticated schemes across exchanges, threatening market integrity. Collective vigilance and data sharing can protect the ecosystem.
12302 - News
Saylor’s hint comes a week after Strategy announced its latest $555 million Bitcoin investment.
9397 - Market Analysis
Data shows Bitcoin price is 40% undervalued, and the sharp uptick in spot BTC ETF purchasing suggests that institutional investors agree.
10884 - Price Analysis
Bitcoin’s strong up move increases the likelihood of a rally to $95,000, signaling that the bottom may be in.
4674 - News
Over 60 big bag Bitcoin holders were added throughout March and April as the price of Bitcoin slumped.
7688 - Market Analysis
A BTC price technical breakout is underway that could send Bitcoin toward $100,000 by May.
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