Lauritsen BallJan 01, 2022 · 3 years ago7 answers How do crypto whales impact the price of digital currencies through their buying activities?
Can you explain how large investors in the cryptocurrency market, commonly known as crypto whales, influence the value of digital currencies through their buying activities? How does their trading volume affect the overall market sentiment and price movements? Are there any specific strategies or patterns that these whales follow to manipulate the prices? What are the potential consequences of their actions on smaller investors and the market as a whole?