Quote from: StormHawk on Today at 08:43:21 AM

Quote from: livingfree on April 02, 2022, 07:20:18 AM

Quote from: Odusko on April 02, 2022, 07:08:20 AM

so the question is who are the whales behind the altcoin market development.

Count Vitalik and CZ.

They're part of the whales club for the altcoins.

CZ for BNB and Vitalik for Ethereum.

Honestly, we don't know who actually are the others, and to give that idea, it's mostly the developers of the biggest projects in the altcoins market. You can count them in as whales since they've been holding a lot of their tokens. And the value of it is a lot which makes them considerably as a whale.

Vitalik and CZ both develop a crypto project for the masses, their cases are different from whales that are 100% investors, they contribute and develop something but what about whales that buy a huge amounts of tokens only?.

Yeah, but who knows, they have the influence and can impact the market with their decision and announcement. For me that is a whale already if he can move the market without using any money, but his influence only.

But as far as the whales buying bulk and chunk of altcoins, not sure if they are going to work with one another to affect the market. In my opinion, they are not colluding, but separate individual who decided for themselves only.