A crypto whale is a term used to refer to a person or entity that holds a large amount of cryptocurrency. Crypto whales are often thought to have a significant influence on the market, as their large holdings can potentially affect the price of the cryptocurrency in question.
Crypto whales are usually defined as holding at least 10,000 units of a particular cryptocurrency. This amount can vary depending on the specific cryptocurrency and the current market conditions. Some crypto whales hold much larger amounts, and they are often referred to as "super whales."
Crypto whales are often the subject of speculation and discussion in the cryptocurrency community, as their large holdings can give them significant power and influence. Some people believe that crypto whales have the ability to manipulate the market by buying or selling large amounts of cryptocurrency, while others argue that their impact on the market is minimal.
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