Definition ∞ Whale wallet activity refers to the observable movements of significant amounts of digital assets by large holders, often termed “whales,” on a blockchain network. These substantial transactions can involve transfers between exchanges and private wallets, or large-scale buying and selling. Such movements are closely monitored as they can influence market sentiment and price action.
Context ∞ News reports and market analyses frequently track whale wallet activity as an indicator of potential market shifts or sentiment changes. Significant transfers to exchanges might suggest impending selling pressure, while withdrawals to cold storage could indicate long-term holding. Understanding these large-scale movements provides insight into the intentions of influential market participants.
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