Whale Alert is a notification service of big capital movements of the whales in the crypto market. It allows you to receive instant notifications as soon as a great movement of tokens in the blockchain network. It is an excellent source of information to anticipate movements in the price of Bitcoin (BTC) and any of the other altcoins.
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.
How does whale alert affect Bitcoin prices?
The price is influenced not only by the inflow mean, but also by the publicity given to a particular whale's transaction. Bitcoin prices only respond to transactions involving large amounts of cryptocurrency when they're publicly announced on Twitter by Whale Alert.
How do whale trackers work?
Whale trackers follow the wealthiest cryptocurrency addresses and send alerts whenever there are movements large enough to shake the market. For example, if you see someone transfers 10.000 BTC from a cold wallet to an exchange, there is a good chance that substantial selling pressure is incoming.
