What is a whale in crypto

what is a whale in crypto

How to use crypto app

Whales can be a problem pay attention to what the but also by the publicity given to a particular whale's. Read our warranty and liability number of coins available for.

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How a Crypto WHALE is Born!
A cryptocurrency whale refers to a single crypto wallet that owns a large concentration of a single cryptocurrency. Because cryptocurrencies such as Bitcoin. A crypto whale is a hodler with significant reserves exceeding + BTC. Discover 10 of the biggest crypto whales here! A crypto whale is a person or entity that holds a large amount of cryptocurrency, where any transaction from them can directly affect the currency's market.
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  • what is a whale in crypto
    account_circle Grogami
    calendar_month 30.03.2022
    I think it already was discussed.
  • what is a whale in crypto
    account_circle Doukus
    calendar_month 30.03.2022
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  • what is a whale in crypto
    account_circle Mozragore
    calendar_month 01.04.2022
    Thanks for an explanation, the easier, the better �
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A typical decentralized system launches a governance token that distributes voting rights to holders. There is no exact cutoff threshold for this definition, but some say a Bitcoin whale should hold at least 1, BTC. It lowers that specific cryptocurrency's liquidity when coins sit in an account rather than being used because there are fewer coins available.