Altcoin whales

[Odusko]

A lot of us are confused about the whales behind the altcoin blockchain, for the fact that the ethereum blockchain brought with it the ability for any programmer to make change to the blockchain which has given birth to several developments and new coins, tokens creation so the question is who are the whales behind the altcoin market development.

Those who are passionate and interested in this field are the big whales. We can have their assets priced into fiat assets with blockchain. CZ and Vitalik have always been the whales we know, plus we often hear about the CEO of MicroStrategy amassing a lot of crypto Try searching more through https://etherscan.io/accounts

Those two individuals are the biggest whale we have in the cryptocurrency market as their both own and run their blockchain, with CZ also owning the biggest crypto exchange in the world and also running the binance smart chain this gives him the power to make whatever change in some centralized and decentralized coins and that make him a big whale.

[Fredomago]

A lot of us are confused about the whales behind the altcoin blockchain, for the fact that the ethereum blockchain brought with it the ability for any programmer to make change to the blockchain which has given birth to several developments and new coins, tokens creation so the question is who are the whales behind the altcoin market development.

Those who are passionate and interested in this field are the big whales. We can have their assets priced into fiat assets with blockchain. CZ and Vitalik have always been the whales we know, plus we often hear about the CEO of MicroStrategy amassing a lot of crypto Try searching more through https://etherscan.io/accounts

Those two individuals are the biggest whale we have in the cryptocurrency market as their both own and run their blockchain, with CZ also owning the biggest crypto exchange in the world and also running the binance smart chain this gives him the power to make whatever change in some centralized and decentralized coins and that make him a big whale.

Right, CZ has that capabilities and it's really scary since he also facilitating one of the biggest centralized exchange. Though we can't really say that he's manipulating anything but the power that he's holding right now to influence the market is big enough to move the market, and with him also owning BSC chain, both him and Vitalik really plays a big role around this industry.

[Mpamaegbu]

They won't risk this amount if they are not sure about the future of cryptocurrency. And this seems it helps us to live confidently while investing in crypto.

First, I like to know if the amounts you quoted in your post were checked in current value or those were what were invested from the beginning? Secondly, are the quoted amounts their individual total worth in all assets or just investments in cryptos alone?


I think we can safely consider Elon Musk also as an altcoin whale – Dogecoin and Shiba Inu.

[SistaFista]

In the beginning, there is no whale on altcoin because they put their money only in bitcoin.
But then some people start to create other crypto coins such as litecoin, dogecoin, ethereum, etc.
People in bitcoin started to diversify their investment portfolio to altcoins, not only bitcoin. So, i think the whales of altcoins comes from bitcoin holders.

[Odusko]

In the beginning, there is no whale on altcoin because they put their money only in bitcoin.
But then some people start to create other crypto coins such as litecoin, dogecoin, ethereum, etc.
People in bitcoin started to diversify their investment portfolio to altcoins, not only bitcoin. So, i think the whales of altcoins come from bitcoin holders.

You are right that the whale of the entire cryptocurrency market is the regular holders and I still think not only diversification of investment alone that make the whales move from Bitcoin to altcoin but also the chance to control market actions made the whales also move since the ethereum blockchain give them the power to create and hold whatever coins they want.

[ethereumhunter]

In the beginning, there is no whale on altcoin because they put their money only in bitcoin.
But then some people start to create other crypto coins such as litecoin, dogecoin, ethereum, etc.
People in bitcoin started to diversify their investment portfolio to altcoins, not only bitcoin. So, i think the whales of altcoins come from bitcoin holders.

You are right that the whale of the entire cryptocurrency market is the regular holders and I still think not only diversification of investment alone that make the whales move from Bitcoin to altcoin but also the chance to control market actions made the whales also move since the ethereum blockchain give them the power to create and hold whatever coins they want.

Right now, whales seem to tend to only hold a few potential altcoins as you've mentioned because they still hold large amounts of bitcoin. They believe bitcoin's potential is definitely greater than altcoins to grow in the future and even though they hold altcoins, their potential to deliver huge profits is still more profitable for bitcoin. Yes, they know how to diversify their investment portfolio and they are already using altcoins to add to their list of wealth.

[mumang siat]

No one knows who is behind all this, just like Satoshi Nakamoto who we only know by name but we never know who it is.
However, if we talk about all cryptocurrencies with very large volumes of course this is not one or two people behind all of this, it could be that really rich people are investing behind the scenes, maybe we know one of them is Elon Musk but that's only one , what if there are dozens of other rich people who are here.

that's how people hide their identity in this cryoto world, because there will be many risks that will be obtained if their identification is known to the public, one of which is like Satoshi Nakamoto, Elon Musk is the second person who makes himself quite a lot of people talk about, even many other Elon Musk who invisible in crypto, they play behind the scenes to influence crypto as a whole, because this issue can't just be one, two and three people involved, so large volumes can just appear

[zasad@]

Why do you think that Bitcoin whales and Alteoin whales are different people? First, whales pump bitcoin, then they buy cheap altcoins for expensive bitcoin, then they pump altcoins and buy stablecoins. I think that the whales are now waiting for the price to drop in order to buy more cryptocurrencies.

[bittick]

don't you even aware if there are so many whales in the crypto market? The whales are only wanna making money. Anyone in the crypto wanna make money started from the small shrimp until the biggest whale. These parties have the same intention to make money as much as possible in the cryptocurrency and so your accusation was not true at all. How is it possible for the whales who have been early investing in the altcoins become a wrong thing for you? You're seeing the whales from bitcoin investing in the altcoins and this is not a bad thing. Money will always be flying to the place where it can multiple itself.

[capedbaldy]

Most of the holding of each whale is part of the team that develops the altcoins, we always see teams have almost 30% of their tokens to distribute over the long term, so I don't think there is any investor holding altcoins higher than the project team.

[taylankapan]

Fanfury is a decentralized platform that offers all players the opportunity to earn money. Thanks to your understanding of sports and participation in exciting matches, you can make money on fantasy sports with pleasure

[MarjorieZimmermanGinger]

A lot of us are confused about the whales behind the altcoin blockchain, for the fact that the ethereum blockchain brought with it the ability for any programmer to make change to the blockchain which has given birth to several developments and new coins, tokens creation so the question is who are the whales behind the altcoin market development.

It's hard to find out who is the real whale behind altcoins, just as we are looking for people who have made bitcoin what it is today, so if you're looking for the whale behind the development of the altcoin market, then you can be sure that you will never find it, unlike the case. with Elon Musk, he is openly trying to speculate on the coin he likes, so the coin should develop for the future

[Republikcoin.com]

Most of the holding of each whale is part of the team that develops the altcoins, we always see teams have almost 30% of their tokens to distribute over the long term, so I don't think there is any investor holding altcoins higher than the project team.

Chances are, it could be true because the team must have kept about 30% for certain purposes even though it seemed to be for their own purposes because certain investors who had joined the project were also paid by the team and they also know how many units the investor received from them. so the rest must be with the team itself.

[smyslov]

so the question is who are the whales behind the altcoin market development.

Count Vitalik and CZ.

They're part of the whales club for the altcoins.

CZ for BNB and Vitalik for Ethereum.

Honestly, we don't know who actually are the others, and to give that idea, it's mostly the developers of the biggest projects in the altcoins market. You can count them in as whales since they've been holding a lot of their tokens. And the value of it is a lot which makes them considerably as a whale.

Early investors with the huge amounts of money to spare mostly rich investors in other markets made a shift to Cryptocurrency like Elon Musk, of course, they are not going to expose themselves and they will just play the market and continue to make money or they are early investors of a project with good potential, you can't be a whale if you're not a developer or you do not have money to invest.

[rozak]

Most of the holding of each whale is part of the team that develops the altcoins, we always see teams have almost 30% of their tokens to distribute over the long term, so I don't think there is any investor holding altcoins higher than the project team.

that's one way to keep market prices maintained. developer tokens won't be shared anytime soon. Most of them will lock in some time. (to convince investors)
whereas tokens for investors I guess are limited in their purchase. except for investors with large capital who buy in the market. even investors in private sales and prime sales sometimes distributions too periodically.

[Altryist]

that's one way to keep market prices maintained. developer tokens won't be shared anytime soon. Most of them will lock in some time. (to convince investors)
whereas tokens for investors I guess are limited in their purchase. except for investors with large capital who buy in the market. even investors in private sales and prime sales sometimes distributions too periodically.

When a team owns most of the tokens (which is logical) and continues to increase their number by buying, this is always a good sign. Because in the end this will lead to an increase in the price of the token, perhaps not a long-term one, but it will be and it is very important not to miss this moment in order to profitably sell your tokens. Whales can see which alts are accumulating and speculate on this in the short term.

[maydna]

so the question is who are the whales behind the altcoin market development.

Count Vitalik and CZ.

They're part of the whales club for the altcoins.

CZ for BNB and Vitalik for Ethereum.

Honestly, we don't know who actually are the others, and to give that idea, it's mostly the developers of the biggest projects in the altcoins market. You can count them in as whales since they've been holding a lot of their tokens. And the value of it is a lot which makes them considerably as a whale.

Early investors with the huge amounts of money to spare mostly rich investors in other markets made a shift to Cryptocurrency like Elon Musk, of course, they are not going to expose themselves and they will just play the market and continue to make money or they are early investors of a project with good potential, you can't be a whale if you're not a developer or you do not have money to invest.

Yes, that's correct. But at least we can feel to get big profits if we can find out what coins those rich investors bought and we have a good coin for example, the case of Dogecoin yesterday.

Many people bought Dogecoin because Elon tweeted, and it turns out that Dogecoin can indeed go up high, and many people don't expect it. We may never be the whale with a lot of money, but we can have money if we invest in the right coins. And we will never know who the big investors are because they will not expose themselves to the public.

[JeffBrad12]

Whales are not always related to the big names. Some people may mention the name like vitalik but this guy is rarely involving to invest in the new project. this guy is actively donating his money to the various institutions just like when he was sending his shiba donation.
The whales have various kinds. Mostly of whales are coming from the venture capitals who are behind the altcoin project. You must know that if a big project like stepn backed by so many venture capital.
This is the reality but in fact institutions are investing through venture capital.

[Eddyc]

We cannot deny that Whales control the market and dictate the rules that shape the future and with that we can understand that the developers of the main projects are Whales. Roger, Vitalik and CZ are examples of Whales who use their social networks to express their opinions and contemplate a future for the crypto world. However, there is a group of Whales that control "bottom" altcoins that will possibly see some increase someday.


There are several types and sizes of Whale in the crypto world.

[Odusko]

We cannot deny that Whales control the market and dictate the rules that shape the future and with that we can understand that the developers of the main projects are Whales. Roger, Vitalik, and CZ are examples of Whales who use their social networks to express their opinions and contemplate a future for the crypto world. However, there is a group of Whales that control "bottom" altcoins that will possibly see some increase someday.


There are several types and sizes of Whale in the crypto world.

And even the smaller project teams are whales I can say that in the general sense whoever have a tradeable coin/token on the exchange is a whale but there is category to that which can be easily seen from the way their coin market react.