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What are crypto whales? Understanding crypto whales and their impact on the market
After venturing into the crypto scene, it doesn’t take long to encounter a ‘whale’. But what are they exactly, how'd they get this title? In simple terms, whales are individuals who hold a significant amount of cryptocurrencies. As a result of their whale-sized holdings, these individuals or organizations can have significant influence over the prices of cryptocurrencies as they buy and sell assets.