What do you do with those discoveries? Do you start buying what the whales or big investors are buying, no matter how small your funds are? Or do you do these just to catch market trends?
If people are actually doing this, then it seems naive to me to follow this so called whales do what they do, how much influence can whales on these platforms influence the market conditions, it's too shallow to me because lots of traders in the world are influencing the market, and a certain number of people on a platform that's not really popular called themselves as market influencers.
Nah, I won't get involve.
Whales in this case can be blackrock, mstr, or anything buying something in the market.
When ETH was $1500 whales are buying ETH, look at the price right now. Although influence might not be big, but they still can change around sentiment at some extent.
Like how Tom Lee is bullish with ETH while also owning biggest ETH fund. As a result people are becoming bullish as well.
Whales onchain activity can be a good clue and alpha honestly sometime.