What is a whale?

[alibaba93]

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

Exactly, whales are the ones who can change the price high to low and low to high. These are investors like everyone else but they invest not on hundred and tens of dollars rather their investments start from millions and end in billions, I don’t think so if someone is getting a constant profit weekly, monthly and even yearly that will be a whale

[barota]

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.

I agree with you whale is a  group can be made many investors or traders With huge funds affecting the market Their investments are divided into major exchanges that affect prices & bitcoin whales could also have a disproportionate impact on prices ; Usually dump and try drops the price for buy cheap

[nazaididuan1]

Bitcoin whales are notorious market traders, and most people usually point to individuals or groups that make waves behind the scenes!

The number of BCT can range from 1000 to 10,000, some even more.

[guoyu78]

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.  

It is quite simple. If you have such big amount that with your one move, either sell or buy, market can be shaken, you are a whale.

There is no limit or criteria for a trader to become whale. This can be a single person or group of traders who have same joint goal and working at same thing. These whales have such a strong impact on international market that they can destroy much of it at once

[gtforce]

whales are those who take some of their biggest investments and move on to some altcoins that keep prices up and down in the market

[gehtrs]

Whales are big names in the bitcoin industry and they can control the Bitcoin market. Or perhaps the whales may also be a group that can become many investors or traders who have huge capital to influence the market. Their investment is divided into major exchanges that affect prices.

[asudja89]

I think it's a whale with a lot of coins. It's like a whale is huge, but whales can hurt some smaller investors because they have a strong price control, which is for smaller investors. Should always be vigilant!

[michellee]

Whales are big names in the bitcoin industry and they can control the Bitcoin market. Or perhaps the whales may also be a group that can become many investors or traders who have huge capital to influence the market. Their investment is divided into major exchanges that affect prices.

it could be a big name but I am sure that there is any person that doesn't want to reveal his identity to the public but he has a big amount of bitcoin in his wallet. and for this, I think we can call him as a whale and he can buy all of the coins without having trouble. and not just in bitcoin, I think in another coin too because we know that sometimes there are many people which have a big amount of each coin in the market so we can call them as whales too.

[Saidmod]

Whales are big names in the bitcoin industry and they can control the Bitcoin market. Or perhaps the whales may also be a group that can become many investors or traders who have huge capital to influence the market. Their investment is divided into major exchanges that affect prices.

it could be a big name but I am sure that there is any person that doesn't want to reveal his identity to the public but he has a big amount of bitcoin in his wallet. and for this, I think we can call him as a whale and he can buy all of the coins without having trouble. and not just in bitcoin, I think in another coin too because we know that sometimes there are many people which have a big amount of each coin in the market so we can call them as whales too.

It was given already to the smart guys who own big stacks of bitcoins or any other altcoins because their acct will be prone to hacking or attention to the bad guys who wants to have more money. Whales haven't stick to bitcoin only as we know money is much easy to earn in other alts so they are more aware with that.

[befriendmywater]

Whales in the crypto market are like billionaires. They hold a lot of assets and they can control the market their way. They can make the market go down very quickly and can make the market recover. We are living on the whale's state and we should be careful with their moves. Keep up with the news and do not be slower than others.

[binhvo1505]

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

Whale is a metaphorical image of the rich. They hold in their hands hundreds, thousands of bitcoins and they have control over the entire cryptocurrency market. The whales are very powerful and you have to update the information for hours to get a sense of the whale's next plan. That will help you identify the market in the next few hours.

[shulio]

It has so many BTC that it can decrease or increase the BTC price in the market. The amount of required BTC for a whale may change by the volume of the market and the exchange.

[suvo05]

Whale is nothing but a person or a group who can influence the crypto-coin value significantly. They targets the coin and invest suddenly so that the price of the coin increase surprisingly. And by this surprising growth the normal traders thought that the coin is doing well or some time they just invest by seeing a coin in green, that eventually makes a coin value grow further. And when those guy called 'whale' feel it as enough he withdraw his total investment without any indication. which make the coin fall down again. That's way the manipulate the crypto-coin market.
 

[baconlike]

I do not know how many BTCs we will become whales. But I understand whales are the people who hold many BTC they have the ability to manipulate the market when selling BTC out or buy into BTC. Thus BTC prices will fluctuate up or down as they want. These are whales that people often say.

[Apened]

I do not know how many BTCs we will become whales. But I understand whales are the people who hold many BTC they have the ability to manipulate the market when selling BTC out or buy into BTC. Thus BTC prices will fluctuate up or down as they want. These are whales that people often say.

No one can defind it accurately besides having a lot of bitcoins can be a win win situation for anyone or a group of whales. Whales can have many bitcoins as they want because of handling or controlling over the market no Technical analysis can define when they will going to make a sudden changes to flip the situation.

[gaurav@zup]

Well whale is someone or some group of people who have the financial capacity to pump and dump the market and drive the markets sentiments in there best interest.

[peterthegreat]

Any amount that will be enough to manipulate the market is the required amount. And anyone who has that amount is a whale. Whales are actually good for the crypto markets as they bring volatility and this volatility is what attracts more than half the people currently in crypto.

[marcuslong]

Whales are big names in the bitcoin industry and they can control the Bitcoin market. Or perhaps the whales may also be a group that can become many investors or traders who have huge capital to influence the market. Their investment is divided into major exchanges that affect prices.

it could be a big name but I am sure that there is any person that doesn't want to reveal his identity to the public but he has a big amount of bitcoin in his wallet. and for this, I think we can call him as a whale and he can buy all of the coins without having trouble. and not just in bitcoin, I think in another coin too because we know that sometimes there are many people which have a big amount of each coin in the market so we can call them as whales too.

It was given already to the smart guys who own big stacks of bitcoins or any other altcoins because their acct will be prone to hacking or attention to the bad guys who wants to have more money. Whales haven't stick to bitcoin only as we know money is much easy to earn in other alts so they are more aware with that.

It could be simply define as bulky sellers of bitcoin with such a very big amount that can affect or demolish altcoin markets as easy as bitcoin. Also, it affects circle of minor traders or smaller traders with a minimal number of trading system. They can sell as much as possible of their stake that of course can cause the price of cryptocurrency to dump by oversupplying. Besides, they own a lot of cryptocurrency so they are more powerful than others. It may be an individual or set of members that has the authority to deal with market using a huge crypto bounty. Therefore, whatever amount you have right now, treasure it don't just decide right away when you feel that the market is slowly in progress.

[ivandu]

Any amount that will be enough to manipulate the market is the required amount. And anyone who has that amount is a whale. Whales are actually good for the crypto markets as they bring volatility and this volatility is what attracts more than half the people currently in crypto.

but some time they make market partisipant being panic while they sold their asset.manipulating price and make some time they make bad rumors to get lower price and take advantaged from other.

[BlockEye]

Any amount that will be enough to manipulate the market is the required amount. And anyone who has that amount is a whale. Whales are actually good for the crypto markets as they bring volatility and this volatility is what attracts more than half the people currently in crypto.

but some time they make market partisipant being panic while they sold their asset.manipulating price and make some time they make bad rumors to get lower price and take advantaged from other.

They are those who hold bigger portion or share on a coin, tho I don't think whales can refer only to an individual that brings volatility,  there were times that that are groups who did hype on some coin, who are cooperating to dump or to pump some alts.