Altcoin whales

[amihada]

I hope you are familiar with these rich people as known whales in crypto.

1. Brian Armstrong: Net Worth £4.78 Billion
2. Sam Bankman-Fried: Net Worth £3.31 Billion
3. Chris Larsen: Net Worth £2.13 Billion
4. Michael Saylor: Net Worth £1.47 Billion
5. Changpeng Zhao: Net Worth £1.4 Billion
6. The Winklevoss Twins: Net Worth £1.18 Billion (Each)
7. Barry Silbert: Net Worth £1.1 Billion
8. Jed McCaleb: Net Worth £1.03 Billion
9. Tim Draper: Net Worth £810 Million
10. Matthew Roszak: Net Worth £740 Million
source: https://www.iexpats.com/top-10-crypto-whales/

Many aren't mentioned yet including companies investing assets in crypto like Tesla Company. Imagine their net worth crypto assets is really huge money and could absolutely affect the market once they move their money or they sell it.

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.

Wow, this is very complete information. I have never read the 10 names of the great whales you mentioned. This is new knowledge for me personally, thank you for this very useful information.

[Lagduf]

isn’t it kinda obvious that they are the ones that usually have the control over certain market either shitcoin and ordinary altcoins project it’s all the same.
basically control over market could be achieved by using big capital for influencing the overall market movement and also having huge influence inside the project
these kind of people are the ones that I could consider someone that deserve being branded as a whales.
not just some random trader that has relatively big capital but the ones that has absolute reigns over the market and could control the market by literally making some shill.

[DrBeer]

I hope you are familiar with these rich people as known whales in crypto.

1. Brian Armstrong: Net Worth £4.78 Billion
2. Sam Bankman-Fried: Net Worth £3.31 Billion
3. Chris Larsen: Net Worth £2.13 Billion
4. Michael Saylor: Net Worth £1.47 Billion
5. Changpeng Zhao: Net Worth £1.4 Billion
6. The Winklevoss Twins: Net Worth £1.18 Billion (Each)
7. Barry Silbert: Net Worth £1.1 Billion
8. Jed McCaleb: Net Worth £1.03 Billion
9. Tim Draper: Net Worth £810 Million
10. Matthew Roszak: Net Worth £740 Million
source: https://www.iexpats.com/top-10-crypto-whales/

Many aren't mentioned yet including companies investing assets in crypto like Tesla Company. Imagine their net worth crypto assets is really huge money and could absolutely affect the market once they move their money or they sell it.

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.

You can be happy for them, of course. On the other hand, the question is - are they not hostages of their own crypto volumes? This is a question that, on the one hand, as long as they do not touch their crypto assets, they are worth billions, but if they need fiat currency, how will the market and the value of tokens react to a major drain? Or what are the possibilities of the shadow market to carry out such a transaction at the current rate - will there be a strong drawdown when converting crypto-fiat?

[Odusko]

isn’t it kinda obvious that they are the ones that usually have the control over certain market either shitcoin and ordinary altcoins project it’s all the same.
basically control over market could be achieved by using big capital for influencing the overall market movement and also having huge influence inside the project
these kind of people are the ones that I could consider someone that deserve being branded as a whale.
not just some random trader that has relatively big capital but the ones that have absolute reigns over the market and could control the market by literally making some shill.

That true the whales are the ones that control the behavior and direction the market goes and we can see that in the action of some stable coin this week we're Luna went down to 95%/crashed before the whale pumped it for some minutes and then dump it again the grip of whales and their abuse of the market for profits taking have become the major set back for the cryptocurrency market and this have also denied the free flow of market generally with lots of manipulation

[Google+]

Wow, this is very complete information. I have never read the 10 names of the great whales you mentioned. This is new knowledge for me personally, thank you for this very useful information.

There are many rich people in this world who are still unknown and known to many people so that sometimes it can be a surprise when they start being discovered suddenly, I think this can also be a motivation for others to continue working and become rich like them.