what is whale

[Ab-Soul]

Whale is the guy/group who has majority of coins/tokens and decide the market value because have the advantage of volume. There are a lot of whales so market is not monopoly. Sometimes we see their fighting on orderbook. It's fun to watch.

[commanderbitcoin]

Usually an investor with big funds may be over 100 Bitcoin is called a whale, they can easily dump and pump the coins especially the low capped ones if they buy or sell with all their investments, nowadays even bigger institutions and wall street money is also flowing into crypto they are also big manipulators due to backing of huge funds.

100 Bitcoin is to low to become a whale. 1000 bitcoin or more are considered as a whale. Less than 1000 bitcoin to 100 bitcoin is considered as dolphin and sharks. Most are small fishes and planktons.

[MashaVik]

I read a lot of useful information for myself. I will now know. I was also interested in this question.

[Janeth]

Whale is the guy/group who has majority of coins/tokens and decide the market value because have the advantage of volume. There are a lot of whales so market is not monopoly. Sometimes we see their fighting on orderbook. It's fun to watch.

I thought I need to hate whale  for my lose but now I think it's my fault because I'm always fomo

[DarkBullet]

Those are the big time players in the market or composing a group that holds large amount of coins/tokens. These people are responsible of putting buy and sell walls to control the price movement of altcoins. I might say that they are the heads of pump and dump groups. Those whales are also responsible of spreading fake and big news that really gives big impact to price manipulation.

[SuiMikira]

Whale is people, groups that have a big amount of coins and they can control coin price, or affect coin price.

[hetecon]

I never heard of whales, I thought that there were only bulls and bears. But judging by the name, the whales are probably big players in the market, who have their own interests.

[kingkats0803]

A whale is a person that have plenty of a particular currency. For example a bitcoin whale is a person that have alot of bitcoin. It must be 1000btc and above to qualify as a whale. Price can be manipulated my a whale when they dump some of their bag which make people  to think that the price is dropping and cause people  to panic sell and they will buy back the dip and acquire  more btc. The can also pump the price by buying more of btc for example and people  will think  the price is pumping  and they will FOMO ( fear of missing Out)  the whale will dump on them and take profit.

That is a very sound and logical explanation. So now I know what a whale is by definition in the market.
When you really have the right number of resources at your disposal then you can really manipulate the market.
Given that, they have the capacity to predict how the market behaves.

[Semeny4]

what is whale and why they can manipulate the market and how did they do it? I'm curious about that.

Another Scam most likely. Otherwise why any sane organization to climb there where don't ask. In General, I think that they are scammers.

[bounty001]

Whales are those who own a very large number of cryptocurrencies. These people and companies bought bitcoin and other major assets of the market or at the stages of origin, or in time picked up the trend. This term appeared because whales are the largest creatures in the ocean, and they can exceed the size of all other fish. Bitcoin whales are treated in a similar way — their large stocks can affect large schools of small traders through several successful trading techniques. In addition, the smaller the market and liquidity, the easier it is for whales to devastate small altcoins markets unlike bitcoin.

[yansen]

what is whale and why they can manipulate the market and how did they do it? I'm curious about that.

whales are another name or call for those who have large capital, and dominate the market. whales can determine the price they want. because with the capital they have, the price is on them. how to do it.? they do by raising the price to high and dropping it, to get a big profit. they can affect small traders to buy or sell. so we panicked.

[almtu]

we are all fishes swimming in a fish bowl but whales are the huge creators they swim in the ocean.
they make waves and eats everything so try to swim with them

Funny but make sense. That is the real meaning of whales literally and in currency. If you try to swim with them probably you have a little chance to survive if you are a small fish.

[balrog]

Whale is a person who own a big part of some asset and use it for manipulations , which are aimed to make a profit for himself . Imagine that you owning 20-50% of total supply of some coin . You can easily manipulate price on this coin through pump/dump exactly when you need .

[VALDEMAR PREST]

what is whale and why they can manipulate the market and how did they do it? I'm curious about that.

Whales are people who have a large portfolio of coins! They make an artificial drop in the coins! Thereby forcing you to sell your coins to these whales at a low price! And when the price increases, you will buy from them at a high price the same coins!  But note that for a long time to keep the market at a low price, they can not! Therefore, sooner or later they stop controlling the market for a certain time!

[ryanben]

what is whale and why they can manipulate the market and how did they do it? I'm curious about that.

They have a lot of money and have a reputation in the financial world, as an individual or as an organization. To guess how they do something is very hard, we can just follow the plan they have set and wait for their next move.

[sujonali1819]

what is whale and why they can manipulate the market and how did they do it? I'm curious about that.

whale means an investor who has a huge amount of money in investments. Suppose A coin has 20 million total supply. And just in only one person buy the coin alone about 1-2 million coins. Then the person can easily pump the coin by creating buy order, And easily can dump the coin by creating huge sell order, So these type of investor easily can play a pump dump game with any coin.

[megi440c]

they have plenty of ammunition to attack the market until prices are down.
whether this is called capitalist economy. he is powerful and monopolizes the marketplace as he wishes.

[BillCoin]

Whale is someone that is either well known in the crypto economy( in a good way), or someone who owns tons of cash compared to the market they are trading in( if you trade in BTC/USD market with 500 btc, you are not a whale, but if you are trading in LTC/BTC market with 500btc, you are a whale because you have the ability to move the price ).
Whales usually manipulates prices with fake buy and sell orders, they place the order, people think that there is no way that this wall will be broken and they just buy over them/ sell lower then them, and that's how they affect the market.

[fitzzz]

Whales are group/people who have a huge amount of  investment that can affect the a particular coin when they move, buy/sell.

[JACKPHAN]

Whale is a cannibalistic fish...