What is a bitcoin whale?

According to Bitcoin blockchain data, the bitcoin "whale" transferred 11,000 BTC tokens to a Bitfinex wallet at a BTC price of $30,114. Whales are crypto investors who control large amounts of digital assets.

What is whale alert?

Whale Alert offers alert and tracking services that help to make blockchain data more accessible and transparent. Tracking, processing and indexing of more than 1.3 million transactions per day, accessible through our API.

What is a crypto whale?

A whale is someone who holds a large amount of a specific type of cryptocurrency. It could also mean someone who owns large amounts of several types. Do whales manipulate crypto? Actions taken by crypto whales are closely watched by investors.

Do trading whales influence bitcoin market fluctuations?

Therefore, despite suggestions that trading whales influence market fluctuations, the available data, in fact, reveals otherwise. Trading whales actually purchased bitcoin during the price dip that occurred around December 2017 and in most of 2018 and did not sell in huge volumes in 2016 and 2017.