Hackernoon: Four Lessons from following the “CryptoWhales” Money

Many people in the cryptosphere have clearly heard the term “Bitcoin whale”. It is used to describe large coin holders.

Usually among the “whales” is the founding team of the project, as in the case of the creator of Bitcoin — Satoshi Nakamoto, whose known address contains about 1 million bitcoins.

The guys from hackernoon analyzed all the large transactions that were made by crypto-whales.

They explained why Bitcoin whales do not pose a serious threat to the price of cryptocurrencies and why Bitcoin whales are involved in financing new blockchain projects through IEO.

According to them, “whales” have a great influence on the market.

Therefore, it is worth trusting those who recommend and actually invest in the project.

Their attention was also attracted by the fact that a certain “whale” sent 200 BTC ($1 million) to Roobee with a message “In RooBee I Trust”.

More on this topic was written on the well-known resource hackernoon:
https://hackernoon.com/four-lessons-from-following-the-cryptowhales-money-445df8cbdc38