Although we often call a wealthy individual a whale, the term can also describe an institution or organization that holds a significant amount of cryptocurrencies, and thus, have the power to move the markets up and down. In the crypto space, examples of such whales include investment groups like Pantera Capital, Fortress Investment Group, and Falcon Global Capital.
In practice, however, most of those big players don’t really trade on conventional cryptocurrency markets, as their large orders could overwhelm the volume available on the order books. Instead, they buy and sell coins off the exchange books, in what is known as Over the Counter (OTC) trading.
A digital currency that is secured by cryptography to work as a medium of exchange within a peer-to-peer (P...
The pseudonym of the creator or creators of the bitcoin protocol and whitepaper.