Post
Topic
Board Altcoin Discussion
Re: How big is a whale?
by
Nxtblg
on 26/03/2016, 19:04:57 UTC
How many BTC do you need to be considered a whale in the altcoin markets. I consider a whale anyone who moves markets significantly when their open positions are set up causing massive walls or when they can make a big affect by just exiting or entering a position. So would 500 BTC make someone a whale or is even less needed in the alt coin market?

Well, there's always the Woody Allen definition:

"A whale is someone who holds a lot more coins than I'll ever have."

 Tongue