Word of the Day : January 6, 2021

Whale

The term "whale" is used to describe investors or organizations that holds an uncommonly large amount of a particular cryptocurrency. Thus, whales own enough funds to manipulate the market by cause a significant impact on the price, by selling or buying large amounts.

There is no exact threshold to fit into this definition, but in terms of bitcoin a whale should hold at least 1000 BTC. 

According to an article released in the year 2020 on cryptounit.com the top 10 Bitcoin whales in the world are:

• Satoshi Nakomoto

• Federal Investigation Bureau (FBI)

• The Winklevoss Twins

• Micree Zhan

• Jihan Wu

• Charlie Sherem

• Tim Draper

• Barry Silbert

• Huobi

• North Korean Regime