Bitcoin Forum

If you have stayed around the cryptocurrency market long enough, then you will be familiar with the term “crypto whale”. This term usually refers to big players in the crypto space that are known to hodl and move around large amounts of any given coin, often affecting the price while they’re at it. We’ll discuss how whales are affecting the cryptocurrency market by considering the following: https://www.tap.global/how-whales-are-affecting-the-cryptocurrency-market

I clearly understand all your points but you cannot completely rule out the fact that they are still the major causes of these dumping that we see, when a whale is playing, they play for different angles and in as much as they are long term holders, they still do shorts also from time to time, and you know that they have all the money to do so.

The fact that they have some funds that have been tied down to and given a tag of long term investment, does not mean they would still not have another part of money which could be same amount they have in long term trade to manipulate the market, so they indirectly will benefit from both angles just like I do. I have an investment that is in long term investment portfolio, and I also have investment that I use to take profits in the short time, so I still believe they are the ones that contributes more to the market’s manipulation.

The people who buy a large number of tokens/coins are also called whales here in crypto. They can affect the price to go up because the marketcap was increase by whales buying and that what's the traders waiting for.

They affect the price to go up if they will make a huge buy orders and once it's filled, the market will react. Before many doesn't like the moves of these whales because they're all just taking profit from the market.

But in the latter, we have understood that everywhere there are whales and even in the stocks. It's not just the whales that are really affecting the market though one move they do and they will influence everyone who's watching the charts closely.

there is no doubt that whales are toying with prices on the crypto market,
but one thing that you believe in, they don't do it carelessly, they do pump and dumb using trading analysis techniques, so whatever happens in the market is absolutely due to chart movements and chart trends themselves.

You might be surprised to know many big bad whales are scared sh@tless because they have experienced more than one major Bear market. "HODL", for some people, simply means be ready to get out really fast before the others dump.

The main trick, which really destroyed the credibility for most lesser known altcoins was that a few whales would buy and sell to each other

pumping the price of a low volume altcoin risk free, creating FOMO and then dumping to guileless bandwagoners brutally at the top of the

market that they were essentially cornering in esoteric, low liquidity exchanges...

The whales can control the market with their funds, but I don't think that they can do it every day because that will need a high-focus always to watch the market moves. Maybe the whales will come out in one moment, especially if the price increases so high or decrease too deep. The whales can affect the price with their coins because they can move the price to the high price or low price. But we don't have to afraid to them because we can also take the benefit by following the whales.

Crypto whales are mostly the dictators of the cryptocurrency market especially for low capped coins, they are always ablr to manipulate the price by triggering a huge sell and forcing weak investors into selling while they buy back at the very dip.

Whales are still the main player in the crypto, majority of coins have already owned by the whales and when these people that have already called as the whales have made its movement and then the market can be played whatever they wanna do. I can even do that if i have multi-millions of money but i have nothing to play with the market.
Some times there will be a gap between sell and buy order that can be manipulated by the whales.  

Crypto market is majorly control by the whales as they decide what is on and off in the industry and go to the level of manipulating the market to their own benefit, this is why I don't too much like how thearket are runs some time as they are not the peace rain in most cases .

They are big, they are rich and powerful but how many are they? Can they really manipulate it in long run? Maybe for small coins but for the others it will be hard and the only victim would be the small and weak ones. But it doesn't mean that they own the market and if small ones come together it will be bigger.

I think they will not be able to influence prices in the long run. Whales will look for short-term profits because it is more profitable for them or their investors. Therefore, we should avoid FOMO when prices move suddenly without any supporting news

In fact, one single whale can buy/sell his own coins to himself on an exchange, especially on those where the trading fess are very low or nonexistent.

That is for sure. I've seen it especially in pump groups wherein there are a lot of VIPs that can easily get profit then they will announce it to small traders for them to get rekt. News nowadays are important but it seems like movements are not that good if it happened.

My friends say:
"The cryptocurrency market is that of people who have a lot of money"
I thought a lot about it, and it seems right, when people say "surfing," those waves are made of whales.

When whales make trades, they often do massive sell or buy orders can lead to sudden and significant price changes which change the direction of the market.

Even you have many Bitcoins and you are whale, still you can´t do everything what you want.
You can only participate in pumps and dumps and support these moves, but you can´t go against the trend.

Whales influenced the most when there's certain news that they can ride with, this people are very knowledgeable to play around the market the abilities to find projects that can give them a good chance to manipulates as weak holders emotions are very easy to work with, it's a bunch of invested money that this people are willing to take the risk anticipating to gained more from every market situations.

The market still prone with manipulations from this so called whales, as they are really good with what their dealing with.

They affect the market somehow if they buy or sell huge amount of bitcoins. They are somehow on some scenarios the agent of change to a possible bullishness or bearishness market. But for those who HODL whales are not a hindrance.

Whales are big traders, they have more cryptocurrencies / money then is the daily trading volume, so they can easily change the market situation by making really big orders.  :o

It's true that it's not as easy as we imagine when investing in BItcoin or Altcoin, as you said before to develop coins to further lead to market movement statistics that allow us to get the highest prices and enthusiastically understand many things related to others in debate.

I do not consider whales a threat to trading or investment in crypto market rather i see them positively because they do invest huge amount of money and hold big bags of coins, they do have power of pump and dump but only in small volume coins, top coins are almost resistant to this thing now.

Whales decide the teens of the market if they want to buy low they dump the market, buy the lowest sell the top
A whale can take a 1% profit but a trader with small profit will wait for high profit level while the whale is taking his profit, the market is going down for little money traders. Whales control everything with their funds.

A good article but I think there are some part that are either missing or not well explained in the blog, A whale does not necessarily have to be a holder, there some whales that manipulate the market often in order to acquire more coins.

The market does not favor anyone specially, be you a whale, dolphin or a tadpole, if you are not smart to take the right decisions you will still have one or two things to regret about. Whales are those that are expected to have huge sums for investing, they have great influence in price determination and market movement but to do not totally control what happens to the market, so they have their sad tales too

This policy applies to every other area of business also and it is not only in the cryptocurrency market, the more you have to commit in a business, the bigger the chance of making more. It happen in Forex trading also, so the rich will always become richer, but even at that, any serious minded person, no matter how small they have to part away with, they will always be able to multiply it, don’t forget that the rich people did not just become rich over night, they started from somewhere also, and they multiply that little they have till it become big.

So, if whales are playing their own games, then we play along with them in our own little way, we just have to learn how to do so, once we can learn their strategies, I am sure that as they are making their own money in a bigger way, we make ours in the little way we can.

If you have a lot of money and you invest in a crypto market that does not have any legislative regulation, then you will have the opportunity at any time to direct the price movement on any coin in the direction you need. And only the same big money can resist you, but why compete if you can agree and act together. This is how the “whales” act in the crypto market.

Umm.. you are wrong over here. A small dump buy a whale can cause a huge tremble on the market. When a whale sells a significant amount of coins in the market, the price usually crashes instantly due to the dump, and then other small investors starts to panic and sells off their investment to avoid any loss. This causes the opposite ripple effect where others starts to do the same and thus the market starts to fall badly. When the market falls, whales start to take advantage of it and buys back whatever they can causing the price to rise and thus the price starts to go back up again and others starts to invest on it.

What about wash trading? Only whales have enough capital to buy and sell at the same time and manipulate the market. And about inside jobs? Whales can get news and information concerning a coin or project way before it is shared public with inside jobs and use it to buy at low prices so he can sell during the hype pump.. This brings us to the conclusion that market manipulation isn't a minor problem as you make it look like.

The cryptocurrency market is relatively small - today its total market capitalization is slightly over $ 270 billion. In this regard, it is not difficult for large investors to influence the price of a certain cryptocurrency; for example, Bitcoin. In a situation where 1000 people own 40% of the total number of all Bitcoins, it is worth considering the fact that in the case of the sale of their savings by any of them, the market price of the cryptocurrency will be significantly damaged.

Whales are really affecting the crypto market and they are the major influencers in the market.
But I believe the reason why this is possible is because the market is not that large enough. By the time  a lot of institutional investors come into the and the market cap is over 50 trillions USD then it would be hard for whales to influence the market.