Large holders, often referred to as ‘whales’ in the cryptocurrency lexicon, are individuals or entities possessing a significant quantity of a particular digital asset. Their holdings represent a substantial portion of the total supply, granting them considerable influence over market dynamics. Monitoring their transactions can provide insights into potential market shifts.
Context
The actions of large holders are a constant point of attention in crypto news, as their trading activities can precipitate substantial price movements. Discussions often revolve around whether these entities are accumulating or distributing assets, and the potential implications for market sentiment and price direction. Analyzing the on-chain data related to these significant stakeholders is a common practice for market observers seeking to gauge market trends.
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