How does the whales activities affect the movement of cryptocurrency prices?

[Xtynehappy]

For me, l am seriously not in the position to figure out how the activities of the whales really affect the cryptocurrency market for that reason.

 

[Suba]

Traders will always observe the activities of whales to make wise decisions, there are many strategies that whales have to manipulate the crypto market, including stoploss hunting, pump and dump, whale wall, etc. Because a whale is active with a large amount of crypto, its movement will affect the price of crypto.

 

[Nomad]

Buying and selling activities move the market up and down, so when whales buy and sell the market also moves.

 

[Trush Jodie]

The whales move funds in and out of the market to influence price movements through supply of the token.

 

[Stardom22]

Whales are the folks that have so much money. They really affect the market as they make be large transactions around the market for certain crypto coins.