What are Bitcoin Whales?

What are Bitcoin Whales?

By k1llswitch | In BNB we BELIEVE | 20 Sep 2021


Introduction:

We all know what bitcoin is, but some people might not know what a bitcoin whale is.

Explanation:

Bitcoin whales are individuals or entities that hold a fuck ton of Bitcoin.

Now, these "Crypto whales" don't only amount to bitcoin, in fact, they are mostly seen in some shitcoins or in coins like ADA, DOGE...

Because most of them hold a high percentage of the market cap, they have the ability to crash the cryptocurrency's price by a LOT.

In fact, whales own more than 40% of all Bitcoin!!!

Conclusion:

We can't exactly get a conclusion out of this, only to be careful and do your research FOR ALL CRYPTO.

 

Stay safe.

 

 

                IN BNB WE BELIEVE

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k1llswitch
k1llswitch

Cryptocurrency enthusiast | Writer | Trader | Blogger


In BNB we BELIEVE
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