What is a whale?

[rickadone]

What is your definition of a whale? How many BTCs do you need to have to be a whale?

The term whale is often used to describe a individual or community with huge financial resources and capital that can influence the prices of these coins in respect to this market.It is also speculated that there are group of whales that manipultes the bitcoin prices and can create pump and dump situation in market.They influence the direcrion of prices in market.But in small exchange a person with less capital can be termed as whale whereas in large exhange huge capital resources are required to be categorized under this section.

Yes. As long as you have all the money to buy in as much as possible to hold a huge position in that market, then that makes you a whale. The essence is just to use your position to control the market and I have actually dreamed of being one anyway. Most whales are good at what they do, and they try as much as possible to throw out some patterns after accumulation to make the traders and other investors to fall in, so they are more like market controllers and they never lose.

[Leonard2016]

People with more than 1000 Btc , There are a lot of Whale in Btc market , most of them bought or mined bitcoin when it was cheap , it must feel really good to be a whale I'd like to try it!

[CryptoGosu]

I think we have little information about Asian whales. They have a lot of crypto currency and they can strongly influence the market. China has repeatedly demonstrated this. South Korea looks like the engine of a bull market and Japan has a high acceptance of cryptocurrency.

[hatsoff2btc]

A whale has to be defined in relation to the trading environment.

On a small exchange, a person selling 3 BTC of a cryptocurrency can definetly be a whale.
On a huge exchange, it might have to be 300 BTC though...

What makes a whale is the possibillity of obvious price manipulation.

Yeah, liquidity in a market or a particular exchange also matters anyway but except the market is only available on a particular exchange, that is when being a whale on that exchange may work, but at the same time, low volume exchanges can be very hard to penetrate or make any impact as a whale as you will really need a big market, but I feel you though, in a very good trend, it can be an easy thing to do.

[mendozaaria1]

The whale is a group that plans or groups what coin they are raising, the whales are many members, and they're a lot to invest, many coin they get to increase it.

[cryptolet]

I think in bitcoin whales are the heavyweight palyers who move the market and can manipulate the price of the market if they want depending on the amount of money they  invest in the business.

[upsidedown75]

The term is using in BTC which means a big capital, big money Bitcoin players that show their hand in the Bitcoin market. Has been applied to the wrong class of investor because the players described below are truly the biggest creatures. The largest players have to stagger and obscure their market entries by splitting large trades into hundreds or thousands of small orders.

It is not only in BTC as you can be a whale even in an altcoin market. As long as you are big player in any market, it makes it easy for you to control that market to your favor based on the perception you want other traders to have to enter the market. When you see a whale at work, you will always know. All the above, sometimes, unless you are really holding a very large one, most whales always come together to make that possible anyway, so I do not usually see it as a one man thing for a big market.

[Gotottack]

There are no definite amounts for you to be considered a whale but one thing is for sure, you have to own a substantial amount of Bitcoin so as to affect the Bitcoin market when you decide to sell your Bitcoins or when you are eager to buy a huge share in the availability of Bitcoins in circulation.

Whales, as used in this business, can either be people, partnership, corporation or any entity, that owns a substantial amount of Bitcoin. Generally, they are into Bitcoin because they would like to influence the market when they buy and sell for their own benefit. Through their acts, the average investors may greatly benefit from it or may substantially lose a huge amount of sum of money.  

[kotajikikox]

What is your definition of a whale? How many BTCs do you need to have to be a whale?

a whale is the investor's in cryptocurrency with huge of amount of bitcoin, whales as i understand a big noss or the millionaire investing huge of amount in the world of virtual cryptocurrency and difficult to give an amount how many bitcoin hold in theirs hand become whale because in my opinion whales are millinaire.hav ecapability to many bitcoin how much he/she want to bought.

[mininghubby]

People with more than 1000 Btc , There are a lot of Whale in Btc market , most of them bought or mined bitcoin when it was cheap , it must feel really good to be a whale I'd like to try it!

Yeah not only in the term of bitcoin but i think whales are a group of capitalists or investors that can control the trade value that might profitable for them in any trade and alike. They can buy huge amount of Bitcoin and sell into dropped value or higher. Whales can manipulate the sea and so as the market. Big whales has a major role on Bitcoin's success and they can also dump the value if they would have to and on the other sense we can say that they control the price to pump or dump.

[ahtsham90]

just take the example for the sea whales are the big fishes extreme big in size and can eat any other fish. Now, apply the same thing on crypto whales in crypto are athe gaint investor or in other words (venture capitals) these are the people who hold a large quantity of a coin or btc and can easily fluctuate it at any time . crypto martket isnt that big still in billion dollar marketcap so anyone can become a small whale with handsome money.

[Ashimwe]

Whales are traders who can move the market, lol if you trading on a big exchange, you might need over 100BTC to move a small low cap coin lol anyway I don't know because am not even a tilapia

[ivankoh]

Whales are traders who can move the market, lol if you trading on a big exchange, you might need over 100BTC to move a small low cap coin lol anyway I don't know because am not even a tilapia

Whales are rich in the financial markets, they can dominate a kind of property at their will. Their investment is bad news for small investors to sell at very low prices then buy and release good news to push prices up and sell at good prices. Most of the market movements in recent times have been influenced by whales.

[SmokerFace]

What is your definition of a whale? How many BTCs do you need to have to be a whale?

WHALE is another term for the Big investors that controls or manipulate the whole market they are the cause of big movements of the market even shitcoins they can pump is just a minute, One of the role of the whales are to let other investors ride on their tactics to get more profit after a big pump they can easily dump it but sometimes they're supporting coins that is good for other investors, It takes hundreds or thousands of Bitcoins to become a whale or to control the market.
They are the some of the reason of Hype and Fake pumps to attract investors as you see some of the coins are pumping so hard and after that day it goes down again.

[Agetan]

just take the example for the sea whales are the big fishes extreme big in size and can eat any other fish. Now, apply the same thing on crypto whales in crypto are athe gaint investor or in other words (venture capitals) these are the people who hold a large quantity of a coin or btc and can easily fluctuate it at any time . crypto martket isnt that big still in billion dollar marketcap so anyone can become a small whale with handsome money.

Its almost the same with ocean whale. In case with cryptocurrency, a whale can influence the direction of trading most especially with a cryptocurrency with a small market base. There are also news that a group of whales can in fact manipulate the trading direction for Bitcoin.

[traderethereum]

just take the example for the sea whales are the big fishes extreme big in size and can eat any other fish. Now, apply the same thing on crypto whales in crypto are athe gaint investor or in other words (venture capitals) these are the people who hold a large quantity of a coin or btc and can easily fluctuate it at any time . crypto martket isnt that big still in billion dollar marketcap so anyone can become a small whale with handsome money.

Its almost the same with ocean whale. In case with cryptocurrency, a whale can influence the direction of trading most especially with a cryptocurrency with a small market base. There are also news that a group of whales can in fact manipulate the trading direction for Bitcoin.

yes, the whale can make an impact with the price in the market and I think they can make the price is up and down although they can control the market. the whale can buy many coins at the same time and of course, they can buy with a big budget and only wait for a while. although the price increases for a small price, they can make a big profit. but I don't know the truth about the whale can also manipulate the price or the trading because they have a big fund in every market.

[stefany101]

In my own definition of whale, they are those groups who sell or buy an altcoins or bitcoins in a huge price that can be the cause of a coin to dump or jump too much. Sometimes, they also give announcements in telegram channels or discord channel of what altcoins are they going to buy and if you have enough funds to trade , it is better to buy with them in order for you to make big profits and money.

[tylerderden]

What is your definition of a whale? How many BTCs do you need to have to be a whale?

Whale is a big player that can move the market and manipulate it according to his needs, it can be a single person or also can be a group of people who collaborate with each other for making profit. Whale definition is vague and can mean different things in different markets, like to manipulate the price of ethereum market you would need to have more than 100 bitcoins at least, but for small cap markets like those coins having market less than $20 million then you can be a whale even with about 20 to 30 bitcoins.

[sallee2]

I don't really know exactly what's the real amount but i understand whales to be the big olders of BTC. Big in the sense of when they decided any move, Whether go out or go inside the market. They make a very big impact when it comes to the situation of the market. A whale is the one who can shake our nerves by changing the price of this or that coin

[denisaardelean]

You need to dominate the market with hundreds of millions of dollars. Here, a single man can affect the price with a million dollar worth bitcoins. Of course it has to be an altcoin that hasn't got a huge 24h volume, that is pretty good amount. I mean a person who have 1000 BTC is billionaire and defiantly he changes the whole graph of bticoin price if he wants