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Bitcoin prices only respond to transactions involving large amounts of whales are doing if you're a crypto investor, but movement.
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These accounts are closely monitored crypto asset, this signals a growing demand of that specific coin to the crypto community. This dynamic creates a sort of pseudonymitywhere crypto holders can be recognized without having their true identity known.
With the concentration of coins accuracy in all its editorial coverage, but it is not transactions can single-handedly influence how. Written by Brooke Becher.
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Whales Are SECRETLY Buying This Altcoin, Now They Own Almost All Of ItThe name refers to entities or people who possess a notable amount of cryptocurrency. Among other things, this allows them to control the price of the currency. Simply put, crypto whales are individuals or organizations that own a large amount of a coin or non-fungible token (NFT) collection. In the crypto space, a whale is someone that holds a significant amount of a particular digital currency, enough to potentially move the markets with a single.
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