CoinGape
2022-11-07 11:19:45

What are Crypto Whales? Can They Manipulate Crypto Markets?

In the world of crypto, “whales” are individuals or organisations that hold enormous quantities of a particular cryptocurrency. They usually own more than 10% of crypto. For example, MicroStrategy owns nearly 130,000 bitcoins (BTC) and can move the price of BTC through their market participation. With their buying/selling power, crypto whales can influence the price The post What are Crypto Whales? Can They Manipulate Crypto Markets? appeared first on CoinGape.

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