Nicola
Sun Jul 07 2024
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7 answers
1667
What is a bitcoin whale account?
Could you elaborate on the concept of a "bitcoin whale account" in the cryptocurrency landscape? I've heard this term used frequently but am not entirely clear on its definition. Is it simply a reference to a large holder of bitcoins, or does it encompass more nuanced characteristics? Are there specific thresholds or metrics that define a whale account? Additionally, how do these accounts typically impact the market, and what strategies do they employ to maintain or grow their holdings? Understanding the role of bitcoin whales in the ecosystem would be invaluable for investors and market analysts.
