Bitcoin Forum

What is the most reliable indicator?
Position? trading volume?

You will have to check the trading volume on each exchange, whales have this bad behaviour of having an exchange preference for its token owned in its portfolios.  You can use Tezos, vechain, Ledu as a study case.

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If the volume goes high for that certain altcoin, it just means to say that a whale is lurking for that altcoin. But don't be a victim of pump and dump scheme, if you're into this kind of hunting you may end up losing a lot of money if you don't come out of it early.

Do you have any specific coin that's on your list to be monitored now?

There are many, but I am not sure which one will be the winner
odem,gochain,wan,pundix,quarkchain,Even filecoin
I don’t have much money, how should I choose?

They have many ways to hide their actions in the market. This is one of the main conditions for their success.
They spread the volume in time, sometimes they test and retest the market, they drop away weak holders ...
Why do you think you can spot them?

It seems to me that it is necessary to look for ways not to replace the big whale in the cryptocurrency market, but to reduce their opportunities or influence on the market. In my opinion, it is the big whales who are responsible for the current situation in the cryptocurrency market.

We can't reduce them mate, because their numbers cannot be determined due to their anonymous identity. All of them remained discreet and not showing up to public. However, they were just observing the market situations and I think right now they still remain calm waiting for best time to take over before making bull run very exciting again. Definitely some factors may have been hindering them from putting up their asset to crypto again, and it's hard to make final conclusions regarding those probabilities.

You should choose base on the potential that you can see, don't just go with the hype. If you'll want me to choose I would choose pundi X but that's me and my opinion to you won't have that value much. It's your decision in the end that will make you distinguish what's good for your money.

If you don't have much money to invest now, may I know on how much is that to be exact? if that's not too much I won't diversify it for the moment, I'd choose a single coin to focus with.

If it's token, you could use Etherscan to check the contracts for new wallets in Top 100 or Delta Balances to check DEX for anybody accumulating coins there. If it's not a token, you should find the specific coin Block explorer and monitor the top wallets there. From my observations, whales are lurking mostly on big coins.

About $60,000, I want to buy $30,000 for eth

The volume of coins and trades are the main indicators for you. But whales are also smart and sometimes distribute investments, so pay attention to the slightest leaps.

Sudden dump or bump or any cryptocurrencies with huge trading volume is the sign of whale involvement on that coin so it is better to stay away if it is an shitcoin because the dump may not take longer time to happen again.

I suppose it can be difficult to identify. Not all 'orders' are genuine, and an increase in trading volume doesn't necessarily mean a whale or a pump and dump group. If its a small cap coin it often only needs a bit more volume to get things moving. But yes, if the volume increases hugely with no news or rumours about the coin then that is a sign that the activity might be a bit suspicious.

Maybe trading volume. Because some whales maybe when pump or dump or do action in market, always in a group. I never see whales that work on themself. Because they need really big amount of money go get high volume in market.

Trading volume is one of the best to distinguish if the whales enter the market and choose an altcoin to be manipulated. A sudden change of trading volume with a combination of surprising pump are very usual when the whales are on the move so you better be observant if you are actively trading and to make proper decisions when to enter or sell for a profit.

whales are in altcoin market not in one altcoin. in other words you can't say this altcoin has a whale of that size. there are whales who simply move their money around to make maximum profit. that is how the pump and dumps have always worked.
they buy up some shitcoin then start pumping it when they accumulated enough. as the price rises and newbies start buying, they dump it and move to next one.

because of that, you can never measure the "size" of the whale specially since they don't just focus on one coin at a time. they do it with multiple shitcoins that they pump and move around fast.

It seems to me that these guys are smart enough to work and use ordinary users of cryptocurrency for their appeal. By creating in the information space a certain excitement around a certain project, as well as increasing the demand for coins of a particular project, these manipulations bring the required results. It seems to me that to resist this is almost impossible.

Check the charts on coinmarketcap and look out for massive spikes. These are indications of whale manipulation, unless at that particular time there was amazing FOMO news like a partnership deal with Apple. When you see a lot of whales, get out and switch to another coin with better distribution

I think it is not hard to check you can check the buy or sell orders and if you see single big order or multiple orders with identical amounts you can almost confirm that a whale is around and has the market in control.

Based on my experience most of the time they will go to loe volume coins then suddenly it will go up. Of course, these sre pump groups as well that has a large amount of capital than manipulate its market over time. Well at some point you just need to ride however theres a chance of loss.

Is there any warning? Which indicators help to judge in advance

Why do you see a lot of whales but don’t buy it and enjoy riding?

It seems to me that in any case, if the whales are interested in any project, then certain manipulations will take place and this will go only to the detriment of the project itself and there will be no healthy trade, nor will there be a natural development for the company. It seems to me that if whales work only for getting super profits, then there is definitely only a negative here.

Is there a reason of why you want to know if a whale is interested in an altcoin? Do you want to take advantage of the moment when the coin pumps or something similar?

And to answer your question whales are smart, they will try to get positions in a coin without leaving traces or evidence they are interested in an altcoin, if they left any traces then people will know of their involvement and they will not get their projected profits, so unless you are part of the circle of whales I doubt you will know beforehand in which altcoins they decided to invest.

Most signals will be given once whales or that group already got their coins so that they will get the full benefit. This is just based from my observations and I even tried to ride with it but I lost so it was a lesson learned.