Who are these so-called "whales' in the Cryptocurrency world?

[WoopDeBoop]

They say they can manipulate the price of a certain cryptocurrency coin. So how do they do that and who/what are the most famous and richest whales in the cryptoccurency world?

In my opinion whale is every each person who is having enough amount of particular cryptocurrency to be able to shake the market of it trading. And he can use it to manipulate the price of it.

[Maxpips]

If you understand market mechanics you actually can find where the Whales buy and sell.

For example: The rise that started on the 2nd of Feb 2018 after the huge crash was caused by the whales buying. And when the price dropped to the start of this crash on the 4th April the Whales came in and bought again.

In fact, the rise we've seen over the past week or so may also be caused by the Whales buying, it certainly seems like it considering where the rise originated from the momentum behind it.

[Maxpips]

Whoops, I meant the 6th Feb not the 2nd. My bad, was looking at the chart wrong.

[rumexx]

They say they can manipulate the price of a certain cryptocurrency coin. So how do they do that and who/what are the most famous and richest whales in the cryptoccurency world?

Whales are bitcoin holders that are holding huge amount of bitcoin such that  whatever actions or inaction by them will send ripples of sentiments to the crypto market. They have been sometimes accused of manipulating the markets by influencing the price by their actions.