Whale
A person, fund, company, exchange, or wallet that controls enough of an asset to meaningfully affect market liquidity.
A whale is a large holder whose trades, transfers, or public actions can influence market expectations. The threshold depends on the asset's supply, liquidity, and ownership distribution.
Whale activity is often visible on public blockchains, but interpretation is uncertain. Large transfers may be internal exchange movements, custody changes, collateral management, or actual buying and selling.
Related terms
3 linkedExplore connected entries beyond the alphabetical index.
Liquidity
→How easily an asset can be bought or sold in size without causing a large price move.
Order Book
→A real-time list of buy and sell orders organized by price level on an exchange.
Volatility
→The degree of variation in an asset’s price over time; higher volatility implies larger and more frequent price swings.
All terms and definitions may update as the Cryptionary improves.
