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whale
What does whale mean?
An individual or entity holding enough of a cryptocurrency to sway its price with one trade. Whales are watched closely because their moves can trigger volatility.
"A whale just dumped 2,000 BTC and the whole market dropped 5% in minutes."
Origin
From casino and gambling slang for a high-roller who bets enormous sums. Crypto and stock markets adopted it for the biggest holders whose moves dominate the market.
Frequently asked questions
What does 'whale' mean in crypto?
It's someone holding so much of a coin that their trades move the whole market. They're the biggest fish in the pond.
Why are big holders called whales?
The term comes from casino slang for high-rollers who bet huge sums. The biggest crypto holders make the biggest waves.
What is whale watching?
Tracking the big wallets to see what they're buying or selling, since their moves often predict price swings.
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