If you are in a group of friends that only own a single digit of Bitcoin holding, then you are already a whale if you are holding some 20 Bitcoins. But if you only own a total of 20 Bitcoins, then you are only a small fingerling to a group of Bitcoin fans who own at least 100 Bitcoins. What I mean, apparently, is that the term whale is relative. But there is always a whale above every single whale. And these are those who own thousands of Bitcoins.