What the Hell Are Whale Games?

TL;DR

• Whales maintain such a big portion of a cryptocurrency that in the event that they resolve to purchase or promote sufficient without delay they will create worth motion.

• And proper now, it appears to be like like they’re toying with Bitcoin – pumping the value in hopes it’s going to set off a large unfold shopping for frenzy and push BTC to $40k.

Full Story

Critical Query:

Did a 12-year-old give you crypto terminology???

Who selected ‘fuel charges’ or ‘mooning.’

Higher but – here is a brand new one for you:

Whale Video games.

Yup. Whale Video games.

This is what it means, and why it is presently within the information.

Whales are merchants with a bunch of money invested in a single asset.

(To be honest, the identify really has some logic to it).

However, as of lately, the crypto buying and selling world has been warned of ‘whale video games’.

See, whales maintain such a big portion of a cryptocurrency that in the event that they resolve to purchase or promote sufficient without delay they will create worth motion.

Or one other method of placing it: they personal a lot crypto, they will play video games with the market.

And proper now, it appears to be like like they’re toying with Bitcoin – pumping the value in hopes it’s going to set off a large unfold shopping for frenzy and push BTC to $40k.

(Hoooray!)

At which level, the whales will promote and dump the value.

(Boooooo!)

We take again what we mentioned on the prime, ‘Whale Video games’ is a really becoming description.