Quote from: Succeeder5748 on May 19, 2023, 08:26:05 PM

if you have located some cryptocurrency token that noteable significant whales have already made transfers to within the past few days, what does that mean? I would assume if they have already made transfers of large amounts of cryptocurrency tokens into the target token then it's too late for retail investors to invest in that token because the whales would have moved the market up already? I assume when the whales make transfers from one crypto token to another, the market value of the targeted token rises immediately if the quantity of token invested is significant?

No, and no, it does not behave like that. Transferring tokens does not directly affect the market price movements. If someone buys or sells tokens in an enormous amount of quantity, it is expected the market will immediately be moved, especially if it is a low market cap token. That is just how the basic market works, but sending or receiving won't involve a direct market action.

If you are looking for market movement from the blockchain, you can take a look at the "DEX trades" tab of the Etherscan site. You must choose to visit the token's smart contract first. For example, https://etherscan.io/token/0xB8c77482e45F1F44dE1745F52C74426C631bDD52#tokenTrade. I believe any other block explorers would have such an option.