Crypto whales continue to make waves in the cryptocurrency world. This basically means investors, companies or institutional investors who have huge amounts of cryptocurrency involved. Your purchases and sales have a huge impact on the cryptocurrency markets. This mainly applies if you transfer large amounts of your assets.
Rich and powerful
Its name is a metaphor for the sea. There are whales so strong that they can move water masses, and this also applies to their counterpart in cryptocurrencies. The size that an investor can call a whale is not fixed.
But if someone has at least 1000 Bitcoins in his possession, he can be called a whale. After all, this is an asset worth about $100 million. This definition also applies to other cryptocurrencies, regardless of whether they are Ethereum, XRP, or smaller currencies.
The three largest Bitcoin whales are:
- Satoshi Nakamoto: The founder of Bitcoin owns 1.1 million Bitcoins
- Binance: The cryptocurrency trading platform has about 550,000 bitcoins in its inventory
- BlackRock: The world’s largest asset management company owns about 300,000 Bitcoin
While Satoshi Nakamoto’s Bitcoin holdings have remained unchanged for a long time, Binance and BlackRock are among the most important players in the market. Your activities are closely monitored and analyzed and, ultimately, provide information about the strategy of the company in question.
Stabilizer and money magnet
Whether they are executing large transactions, impacting liquidity, or launching new products, cryptocurrency whales dominate the market. Their activities can also lead to increased volatility, which every investor feels.
But the entry of giant financial companies such as BlackRock also led to the stability and development of the market. A major factor in this was the first Bitcoin ETFs, which were launched about a year ago Approved in the USA become. Since then, so much capital has flowed into Bitcoin that it has ensured that the mother of all cryptocurrencies has reached new price records.
Benefit from valuable information
Crypto-whale monitoring provides valuable information about potential new trends and triggers signals. But not every investor has the time and resources to constantly monitor the market. This is where the new cryptocurrency comes into play, which provides simple private investors with information that crypto whales possess.
Here it rises Wall Street Baby ($WEPE) in the market. Pepe instripes is not only based on the famous Pepe coins, but its primary goal is to provide its investors with the latest news in the world of cryptocurrencies.
In this way, investors should be able to benefit from the information that cryptocurrency whales use for their success in the cryptocurrency markets. The Wall Street Pepe community gets access to live trading signals as well as access to private and exclusive Telegram groups where investors share their experience and knowledge.
With professional tools that are in tune with the times
There is also an innovative analysis platform and practical tools for private use. This includes planning tools as well as price indicators and a pre-sale overview.
In doing so, Wall Street Baby issuers want to give their investors tools that have long become self-evident for crypto whales. After all, professionalism in trading is a prerequisite for success.
Wall Street Baby investors have realized this too and have already invested more than $47 million in the pre-sale. Still costs 1 $WEPE is only $0.00036646But the next price increase is already imminent.