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Home/Glossary/Whale
Markets & regulation

Whale

In shortA person or entity holding enough of a coin to move its price.

Whale-tracking accounts publish large transfers, but a big transfer to an exchange is not always a sale. In small coins, a few whales can control most of the supply — check the holder distribution before buying.

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Related terms

  • On-chain analysisStudying public blockchain data — transfers, holders, exchange flows — to understand what investors are doing.
  • LiquidityHow easily an asset can be bought or sold without moving its price much.
  • Pump and dumpCoordinated buying and hype to push a price up, followed by insiders selling to the late buyers.

More in Markets & regulation

  • Altseason
  • AML (anti-money laundering)
  • Capital rotation
  • CBDC (central bank digital currency)
  • Crypto ETF
  • Crypto taxes (capital gains)
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