Quote from: cryptoaddictchie on Today at 12:54:19 PM

Quote from: barumbado on Today at 09:31:55 AM

I often heard this word,whales.What is whales term on cryptocurrency?How does it affect the price of one coin?in what way?

To cut the story short here is an image or just an assumption of whale thing here in cryptocurrency.

Just an illustration but whales is not actually based on number of your token hold but the value it encompasess. Imagine 1price of BTC reaches 1million USD then even with 1btc you could be a whale already. Got it?

So Im not even at the bottom position yet. Too bad! Shrimp guys, I want to be even just a crab. Grin

I know these illustrations are based on assumption, but for the price right now? I think 100 to 500 BTC can consider a whale since those value can noticeably affect the market and make a wave. As of the moment I'm still a shrimp, I don't even have 0.5 BTC lol so I'll consider myself as an Anchovy Cheesy

and guys if this is the case for hierarchy then we should call exchanges The Aquarium, the volume is the water Grin