Cryptocurrency whale fish

cryptocurrency whale fish

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A new Bitcoin whale has emerged from the depths of the crypto ocean, snapping up hundreds of Bitcoin with an insatiable appetite. Shrimps, Sharks, Whales and Other Fish in Crypto � Shrimp: less than 1 BTC � Crab: 1 to 10 BTC � Octopus: 10 to 50 BTC � Fish: 50 to BTC. You've probably heard about the overarching influence of bitcoin (BTC) whales, but it turns out there are plenty more fish in the crypto sea.
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Whales can also create price volatility increases, especially when they move a large quantity of cryptocurrency in one transaction. They can produce market distortions, sending the price up or down unexpectedly. Got a news tip?