Where do whales buy crypto

where do whales buy crypto

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WHY Did Crypto Whales Buy $14 Million Worth of This Altcoin?
Due to the under-regulated nature of crypto markets, whales can use large buy/sell orders to manipulate market sentiment�for example, by. BeInCrypto looked at the activity of Bitcoin (BTC) whales to give investors clues on the strategies used, including earning passive income. They buy on Kraken, because it's the only thing larger than a whale.
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The community seems to agree that ownership of a large amount of circulating cryptocurrency qualifies as a whale. Cryptocurrency trading involves buying and selling digital currencies like Bitcoin, Ethereum and Litecoin on a decentralized digital exchange. Whales can also create price volatility increases, especially when they move a large quantity of cryptocurrency in one transaction.