Can you guys identify Whale move?

[hatshepsut93]

Whales are a boogeyman of Bitcoin's market, every time the price changes people start talking about whales, but they don't make any in-depth analysis, they don't make any investigations that would uncover these whales, instead people just make shitposts like "zomg the whales crashed the market again" - you can't know for sure if the price moved because of a single individual, a small group or if it was a result of thousands smaller traders. People in Bitcoin community love conspiracy theories, so it's no surprise that they created their own conspiracy theory about whales.

My advice is to stop caring about whales, all these "whale alerts" are useless and can be used to manipulate the suckers. Try to base your trading on quality TA, learn more about how Bitcoin works so you can judge its fundamentals, etc.

[pixie85]

As i am looking at bitcoin chart now, BTC price just soared little bit in a short time.

It happened because of whale's move or not.

This is easy to identify in some cases and very hard in other. That dump on January 23 was a whale move because how would you explain it otherwise? The price went down by $300 in just 30minutes  and somebody dumped 400BTC on Bitstamp in 3 minutes instantly taking the price down by $120.

It gets harder when that whale buys or sells many times a day putting pressure on the market but not dumping at all. You will never be sure who is doing what because exchanges will not disclose their users.

[DoublerHunter]

There's a lot of conspiracy theories out there about the whale in the market when the market price goes up, people start talking about the whale and also when it drop also a whale. No one knows who did a big transaction or a group of smaller transactions that become big and then call it a whale. Nevertheless, no one will give an exact answer to your question. If there is a chance that we will know the movement of a whale, we are also getting rich than them.

[oktana]

to identify their steps can be seen from the activities of large transaction movements that can be seen in telegram bots such as whale alerts, but can only be analyzed roughly whether it will affect or not.

the bitcoin price difference of around $ 200 or vice versa has an important effect for traders, especially if the price rises higher, this movement can also run from chart development naturally, not always from whale movements.

[Apened]

As i am looking at bitcoin chart now, BTC price just soared little bit in a short time.

It happened because of whale's move or not.


Btw, can anybody identify whale's move? If there is a way to see it, is there a tip for it?


Thx!

If there is a big amount of bitcoins or amount transfered from uknowm wallet to a big exchange there are many bots that you may use live to update you from time to time when a big amount of transactions was made the be careful on the market what might possibly to happen after that.

[Zemomtum]

Well, the whale move in itself is determined by the technical analysis and some fundamental news. They knew these things more than any trader and can easily read the psychology of traders. sometimes technical analysis might assist you to guest their movement right but not always

[samcrypto]

As i am looking at bitcoin chart now, BTC price just soared little bit in a short time.

It happened because of whale's move or not.


Btw, can anybody identify whale's move? If there is a way to see it, is there a tip for it?


Thx!

We will hear this kind of news if the whales move their funds out of an exchange but we can’t see them from a normal days. The short up trend is already an uptrend and we just failed to beat another resistance. We trade on a sideways so expect more pump and dump in short term. Its good to follow the whales, do this by searching for a coin that is pumping in short without having any big news.

[TIDOVEE]

to identify their steps can be seen from the activities of large transaction movements that can be seen in telegram bots such as whale alerts, but can only be analyzed roughly whether it will affect or not.

the bitcoin price difference of around $ 200 or vice versa has an important effect for traders, especially if the price rises higher, this movement can also run from chart development naturally, not always from whale movements.

Most times people don't understand what the whale itself is.
And that's why noticing it's movement is more difficult. When you see an heavy transaction usually at a time, that is whales movement. They are the rich investors that tend to have a massive Influence on the the transaction. You will have to study the market chat constantly to observe their movement. They can cause a crash on a project.based on their huge investment.

[Coin_trader]

Well, the whale move in itself is determined by the technical analysis and some fundamental news. They knew these things more than any trader and can easily read the psychology of traders. sometimes technical analysis might assist you to guest their movement right but not always

You can't identify it by the technical analysis itself since it's more on fundamental analysis. You can't determine on a chart that the movement is a whale move or just people rushing in to ride the waves. The best way is to combine TA to FA. You can use some big transaction tracker such as https://whale-alert.io/ to determine whale movement. If there is a sudden price jump before/after that big transaction then its definitely a whale movement. If no big transaction then there is big fluctuations in price then its general trader force.

Remember this. No whales left there funds on exchange. They always transfer it to there cold storage after the trade for safety purposes so its easy for them to track. Unless the exchange itself do the manipulation then it can't be track down.

[Savemore]

There is a way for you to know if there are whales who start accumulating positions and it is through volume. If the price is consolidating, then there are masive volumes per day and the price have only small movement then it is the time that whales are start buying and collecting positions in the market. Volume is important indicator and we can see those whales through reading volumes.

[Landak]

difficult to identify, if at a glance what we might know is from the pump/dump quickly in the last 24 hours. like what happened to bitcoin sv earlier this month, I guess that's also one of the big whales. if from a long-term analysis, it will be difficult to identify it. although there is already information from whales-alert.io but that also cannot provide certainty that the big whales will dump and the pump can be that just an ordinary transaction.

[nicolas1979]

Most whales moving before news and weekend, they create bait to invite people get involve with their transactions, after that your money will become their target. Crypto news is not like forex, need to built perspective before they eat your money and that's need time. No one can't identify whales but if play in event ( ICO, IEO, etc ) is just manipulation group ( not whales ), mostly they using telegram channel for communication and enter market in one shoot with all member fund, dump isn't?

[adroitful_one]

If you're watching an exchange and you notice one guy putting in a huge order, then do exactly the same thing he does. That tends to work well for me. You have to be careful and make sure it's one whale making the orders, but if you do, follow him. It's easier to do on some of the smaller coins with less volume since you can keep track of the orders easier. Buy when he buys, sell when he sells. There's a reason he has so much money.

[clickerz]

If you're watching an exchange and you notice one guy putting in a huge order, then do exactly the same thing he does. That tends to work well for me. You have to be careful and make sure it's one whale making the orders, but if you do, follow him. It's easier to do on some of the smaller coins with less volume since you can keep track of the orders easier. Buy when he buys, sell when he sells. There's a reason he has so much money.

That's what the usual indicator, a huge buy or sell order. But what if the guy made a staggering position in smaller amounts. Though it may result in a bigger total order sometimes it is not a guarantee its a whale moves. But yeah, a volume is a must to watch when trading.

[stomachgrowls]

As i am looking at bitcoin chart now, BTC price just soared little bit in a short time.
It happened because of whale's move or not.
Btw, can anybody identify whale's move? If there is a way to see it, is there a tip for it?
Thx!

Theres no way for you to find out and people do only know when its too late.Talking about charts then you can identify sell or buy orders that trying to wall out prices. Heres some good read https://bitcointalk.org/index.php?topic=58638.0

Tips? Actually theres none but these kind of movement will really profit you out if you do know on how to utilize it.Dont focus too much on charts because most likely prices do react with sentiments that do pops out in the market and also this one might interest you in: https://www.tradingview.com/ideas/whales/

[Sadlife]

There's a way to find out on who's buying what or who's selling crypto. I guess some exchanges provides data/API or chart to show some of their big users movement but anonymously. You could also try whale-alert.io but there are tons of them and watching whales move their funds would surely burn your eyes and mind.

[Amel]

There is no specific way to identify whale steps, I myself only monitor prices every hour to see whale orders. If you are able to make bots, it's better to make bots to identify whale steps. You can take advantage of direct action or just a warning on your computer. Yeah, that's quite difficult because the whales are moving quickly supported by the number of traders on the market who are ontime.

[johnwest]

Whale Alert is the best way to get the latest update on a large amount transfer. They tweet about most of the top alts too. They even have their API's if you are a developer and creating your own bots. 

[Distinctin]

As i am looking at bitcoin chart now, BTC price just soared little bit in a short time.

It happened because of whale's move or not.


Btw, can anybody identify whale's move? If there is a way to see it, is there a tip for it?


Thx!

Don't make it a big deal for you mate. The market comes like that all the way it goes either going up or just it dumps. Whales have to surround but they are not in control of the market price and its changes. They have their own strategy, the same thing that we have...it all just happens that they have capabilities to make things work with them. But it doesn't mean that all of the happenings around can be put blame on them coz there is a lot of factors that could ever change its trends from time to time.

[boris singer]

Whale Alert is the best way to get the latest update on a large amount transfer. They tweet about most of the top alts too. They even have their API's if you are a developer and creating your own bots.  

I also often use it as a reference, information looks accurate about large nominal movements. A little analysis of the possibility of this movement begins with a notification about the number of usdt / usdc burned at the Incinerator, and we can see a few hours later will definitely be transferred to certain exchanges and affect the overall price of bitcoin.