Bitcoin Whales: How Large BTC Holders Influence Crypto Markets

Bitcoin whales are people or organizations with large BTC holdings that can influence the market through their trades. They have enough BTC (e.g. 1,000+ coins) to impact prices.

Whales use strategies like accumulation, pump-and-dumps, and stop-loss hunting to profit from price swings they create.

Whales take a long-term outlook, diversifying holdings and utilizing OTC trading to minimize price impacts.

On-chain analysis through blockchain transparency and Whale Alert platforms helps spot major BTC transfers by whales.

Watching for large BTC trades on exchanges can reveal probable whale activity, as big moves often cause abrupt price drops or rises.