What is crypto whales

what is crypto whales

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What Is a Bitcoin \
A cryptocurrency whale refers to a single crypto wallet that owns a large concentration of a single cryptocurrency. Because cryptocurrencies such as Bitcoin. A crypto whale is an individual or entity that holds a large proportion of a specific cryptocurrency's token supply. Simply put, crypto whales are individuals or organizations that own a large amount of a coin or non-fungible token (NFT) collection.
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Business account. Nansen does not recommend any particular course of action in relation to any token or protocol. The exact threshold for the definition is not precise, but a Bitcoin whale is said to hold at least 1, BTC. Learn how these large accounts can influence cryptocurrency investors and the market.