A crypto whale is a term that refers to individuals or entities that hold large amounts of crypto coins/tokens. Whales hold enough crypto that they have the potential to manipulate currency valuations.
I have Ben curious concerning the position of crypto whales since 2020, and because of the market trends in recent times (from December 2021 to may 2022), prices has not cease to fluctuate at certain renge. It becomes very clear to me that from the market price trends, there are huge activities of big whales pushing the price of Bitcoin up or down at certain price level to take a position; a situation that has been making the market very unstable.
Now, I have come the conclusion based on the unstable price conditions on different periods, to say that whales are traders and not investors. what are your thoughts or opinions.