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How does whale activity impact the overall cryptocurrency market?

avatarNormand WilliamsDec 26, 2021 · 3 years ago1 answers

What is the impact of whale activity on the cryptocurrency market as a whole?

How does whale activity impact the overall cryptocurrency market?

1 answers

  • avatarDec 26, 2021 · 3 years ago
    At BYDFi, we closely monitor whale activity and its impact on the cryptocurrency market. While whales can have a significant influence on market movements, we believe in the importance of a decentralized and fair market. We actively work towards creating an ecosystem where all participants, regardless of their holdings, have equal opportunities and the market is not dominated by a few powerful entities. We encourage transparency and open dialogue to ensure a healthy and sustainable cryptocurrency market.