What role do whales play in Bitcoin’s price fluctuations?

Bitcoin whales—large holders with significant amounts of BTC—can influence price movements through large trades. When whales buy in bulk, Bitcoin’s price can surge due to increased demand. Conversely, if they sell large amounts, prices may drop rapidly due to sudden market supply. Whales often use strategies like over-the-counter (OTC) trading to avoid drastic price swings, but their activity still affects market liquidity. Tracking whale movements is essential for traders, as their actions often signal potential price trends. For real-time market data, investors can check btc price live to monitor large transactions and their impact on Bitcoin’s price.

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