Bitcoin whales: what are they – and how are they affecting the cryptocurrency’s price?
Single trades can lead to huge changes to the price of bitcoin. Yuriko Nakao/Getty Images There are around 1,000 individuals, known as whales, who own 40% of the market. Whales have the potential to manipulate the currency valuations. "The big players can easily move the price," crypto-skeptic David Gerard, told…
bubmagJanuary 24, 2021