Bitcoin Forum

We hear whales' influencial actions everyday..
Who is considered whale in crypto world? How big capital is needed to be considered whale? How they coordinate with each other to influence coins?
what more concrete we know about them?

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I think whale refer to a kind of people who has a lot of coins in hand.no detail about the amount.

No I totally disagree with you,
Let's just say that I am holding a tons of coins but the value is too low,
Let's say I am holding about 100 different kinds of coins but if you are going to convert it all into bitcoin the value is only 1 bitcoin would you consider me as a whale?

Whale....someone with more than $1million invested or in profits.  I'm not a whale...

A little whale has 300 btc, big whales has 1000 btc or more approximately.

Whales are the big money players, with huge portfolios. The value their assets and coins if converted to fiat is worth millions in USD.

Generically the term whale just refers to someone with a lot of money. In cryptos or stocks I consider the term whales to mean people or organizations with an oversized influence on the market (potentially). With the latter definition someone with relatively small amount of USD could be a whale were they to place a buy order on a coin with a very low market cap and volume.

For example, one of my favorites is HODLcoin which is gaining some interest lately but if you threw $1000 at it today on a buy order that would be a large percentage of daily volume and definitely impact price. Throw $10,000 at it and you'd own the market, your influence would be hugely felt. A smart whale has the funds but would buy slowly so as not to upset the market. When a whale has a stop loss hit it can trigger a crash for everyone else. Again, a smart whale would sell large positions in chunks not all at once. Whales entering/exiting the market can not only have a huge influence on price but just the rumor of them entering/exiting a position can as well.

I think a whale can be considered for 500 Bitcoins or more, if someone puts all that into a coin then it'll shoot up to the moon in a minute. I guess they communicate only when necessary and go with the flow.

A whale is a person with a large enough portion of a coin's supply to move the price down at will.  You don't necessarily need to have a large $ amount attached to that.  For example if I own 5% of a $1 million MC coin, I am a whale for that coin, even though that is only 50k in value and very small in the grand scheme of things.  So for bitcoin at this point you need 10's or even 100's of millions of dollars worth of bitcoin to be considered a whale.

That's the best general definition I've heard yet, and that's exactly what they are.   Whales in gambling are considered to be people who have huge amounts of money and who make huge bets.  Thus in crypto, you could consider a whale to be anyone with crazy money or someone who can move markets with the size of their trades.  And lol I'm not one of them.

Whales can be early adopters or big investors who have gotten involved in the bitcoin game. We know some big time investors have joined the game because the value has gone so high + some other news outlets.

I would say you need at least $10,000,000 invested and actively trading to be considered a whale. Sometimes they cooridante on forums just like this!

Whale is not necessarily one individual rather a group of individuals and they are not far fetched. Also there is no one volume to be a whale because the capitalization of coins differ. Pump and dump groups are example of whale. For me, if a coin total capitalization is 2btc which means with my 1btc, I have 50% of control and to be a whale and that goes for bitcoin. It is the amount of funds one have to possess control.

You can understand if all volume order buy this coin small as 5-10 BTC, you just need have more coin than all this order, you can become to whale in this coin, but that volume just alive in shit coin :D

With altcoin have big volume > 300 BTC, whales usually are group team and they not solo, they will make signal and buy/sell together the altcoin they want control and creating waves for trader continue it

That`s the main point of my question..
Where and how they coordinate..

I have seen artificial pump groups in Telegram (with 5-6000 members) , which play more/less 30-40 BTC during each pump..
Are they considered significant whales?


Also, e.g. I hold 100 BTC.  How can i become influential and analyze coin`s behaviour in advance with my intervention?
SOlely? or they have professional consultants?  what`s the common practice?

Stop the bs, a whale is when somebody has at least 1% of total coins or shares, for example bitcoin maximum coins to exist is 21 million, so a bitcoin whale must have minimum of 210k bitcoins, if you have less than that then you are just a wild fish. It can have only a maximum of 100 whales per coin hence 1% each, however that does not hold true, some whales have 5% share or more or 1 million bitcoins. Very few whales in bitcoin world. The whale term is used for people which hold 1% or more of the total of something. You can quote me on that.

Just my opinion. A whale should be someone that could shake the bitcoin price.
Someone who have at least 1-5 percent of the whole bitcoin that is out now with the exception of the lost coins.
This person could really make a big deal when it comes to moving the price if he wants too.
5 to 6 digits of bitcoin might be enough to do it. It happened before and somehow he ends up pulling other bitcoin users with the breaking news of what he did. Because many people thought bitcoin will end after that.

I think a whale is actually more like a unicorn.

They don't really exist, or at least they don't exist in the way that people talk about them here. Why are these 'whales' risking millions of USD worth of Crypto to move the markets, so that they can maybe, hopefully make a few percent.  I think mass hysteria is the real reason that the market swings quickly, then recovers, not whales.

The whole pump and dump stuff might be started by individuals or groups, but they just start the ball rolling and let the idiots move the market further.

Done  ;D

My thoughts on the matter exactly.

Im not a professional or a good trader but i can give you some information about being a whale.
Whale is a holder of Huge bitcoins that plays the market there's so many whales playing the market thats why you see the coin they targeted is easy to pump and other people riding on what whales doing, So if the whales dumped some coins it will affect a whole market.
I think there's a company of whales not only one people they're team that controls the market.

A whale is anyone with over $5,000,000 invested in the Cyrpto markets imo. This may change based on others opinion but that's a lot of money to be playing in such a volatile market. I think many of them coordinate together to pump and dump altcoins generating wealth for themselves further. I feel they can coordinate via chat rooms but there must be a high buys bitcoin club somewhere eh?

I also believe that WHALES can move the markets in their favor. If you can get all the other traders to where YOU want them to be and you get the desired result in a certain altcoin or even Bitcoin market, then I believe only a whale can do that. So although everyone has a different view on how much a whale needs to have to be a whale. Market manipulation is what whales do best.

I've read yesterday about the guy who made $200 mln. on ETH in a matter on months.
Whale indeed.

I mean come on no one really knows what whale is really? I meanI don't know either but Im thinking its not a person with big money. Whale must be or has got to be big organisation or an entity with billions of dollars invested into different crypto assets or say bitcoin. With its sell and buy it can shook the base of bitcoin price and influence it accordingly. Thats what I think. Any discussion please open up. Thanks.

More or less, that`s my opinion as well..
It`s huge risk, needing huge investment and still price fluctuation may not be correct enough, enough for profit..

I am not a whale, I am just a fish , NEVER BE EATEN BY THE WHALES is my criterion.

That is not a whale.
Whale is someone who can shake and make whole market very unstable, cause panic sells, make big pumps etc.

It depend, if a coin have 1million marketcap and you have 100 thousands worth then you a whale. If you have 100 thousands worth with a coin which have 50million marketcap then you is not a whale.

Hard to say for me but I’m guessing that whales are just with big fat wallets and group of people working together.

Does there exist consulting brokerage companies, for crypto trading and investing?

I think if you can get all the other traders as to where you want it then they become you will get the desired result in a specific altcoin or even Bitcoin market, I believe the only whales that can do this. So even though everyone has different views on how many whales that need should be the great whales.