How Whales Are Affecting The Cryptocurrency Market

[whatthesith]

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. 

[1714717137]

1714717137

[1714717137]

1714717137

[1714717137]

1714717137

[1714717137]

1714717137

[1714717137]

1714717137

[lousie9]

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.

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.

[kindbtc]

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.

[joybella]

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.

[3core]

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

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.

[Iykecollinz]

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

[sana54210]

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.

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.

[furball64]

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

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.

[adzino]

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.

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.

[Aveatrex]

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.

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.

[guydin]

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.

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.

[odukoyaewatomi27]

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.