TL;DR
Whales maintain such a big portion of a cryptocurrency that in the event that they determine to purchase or promote sufficient directly they’ll create worth motion.
And proper now, it seems like they’re toying with Bitcoin – pumping the worth in hopes it would set off a large unfold shopping for frenzy and push BTC to $40k.
Full Story
Critical Query:
Did a 12-year-old give you crypto terminology???
Who selected ‘fuel charges’ or ‘mooning.’
Higher but – here is a brand new one for you:
Whale Video games.
Yup. Whale Video games.
Here is what it means, and why it is at present within the information.
Whales are merchants with a bunch of money invested in a single asset.
(To be truthful, the title truly has some logic to it).
However, as of not too long ago, the crypto buying and selling world has been warned of ‘whale video games’.
See, whales maintain such a big portion of a cryptocurrency that in the event that they determine to purchase or promote sufficient directly they’ll create worth motion.
Or one other means of placing it: they personal a lot crypto, they’ll play video games with the market.
And proper now, it seems like they’re toying with Bitcoin – pumping the worth in hopes it would set off a large unfold shopping for frenzy and push BTC to $40k.
(Hoooray!)
At which level, the whales will promote and dump the worth.
(Boooooo!)
We take again what we mentioned on the prime, ‘Whale Video games’ is a really becoming description.
