In the context of the stock market, a whale is anyone who has enough capital and power to directly influence market prices. You might have heard the term “whale” thrown around among the stock market or crypto communities, along with mainstream media FUD (fear, uncertainty, doubt).
What is a whale in sales?
A whale is a sales prospect much, much larger than your normal clients. Landing a whale can take much more time, care, and attention, which is risky if you can't close the deal. In many companies, 80% of their revenue comes from just 20% of their clients, so investing in courting these clients can pay off.
Are whales worth the effort?
Closing deals with whales often takes far more time and effort than a typical sale, but that's because these deals are so much larger—a single whale can be the equivalent of a dozen other prospects. This makes whales very worthwhile to pursue despite the extra effort.
What is a whale in crypto trading?
A whale is any individual or company who has enough money and power to directly influence the price of a cryptocurrency or stock, usually in a negative way. Think of a whale and their large mass.
Why are large bitcoin holders called whales?
Large bitcoin holders are called whales because their movements disturb the waters that smaller fish swim in. Following the 80-20 rule (also known as the Pareto principle ), the top 20% of bitcoin holders have more than 80% of bitcoin value in U.S. dollars.
/cdn.vox-cdn.com/uploads/chorus_image/image/50028201/screen-shot-2014-07-18-at-10-47-29-am.0.png)
How many shares do you need to be considered a whale?
This is where the earnings growth is to be found. And it's also where the undiscovered opportunities often lie. But as the whales seek to accumulate 500,000, 1 million shares, or sometimes much more, they have to do it slowly over time so they don't attract attention.
What is a whale investor?
A whale, a shark or just a "fat man". This is how the slang of investors describes someone who has very big capital - dollars, bitcoins or other cryptocurrencies. By implication, the whale is the biggest investor. Often this term applies to investment funds, banks and other such large ones corporations.
What is big whale in trading?
Whales are entities—individuals, institutions and exchanges—that hold significant amounts of tokens of a particular cryptocurrency. For instance, when it comes to Bitcoin, a whale is an account that holds 1,000 Bitcoins or more. Some examples of well-known whales include Pantera Capital and Fortress Investment Group.
How do you trade like a whale?
The key to this entire long-term strategy is to have a stop loss order in place. Decide how much you're willing to lose on your investment, usually around 7%, and then make sure to trigger a sale if you experience that loss. This is how the whales trade.
How much Bitcoin is owned by whales?
These wealthiest 82 addresses account for 14.15% of the total supply. Bitcoin addresses with 10,000 or more bitcoin are sometimes referred to as whales. ➤ Learn more about the top 100 richest bitcoin addresses.
Are whales buying Bitcoin?
Santiment, a blockchain and social media metrics explorer, found whales are taking the bearish trend as a sign to accumulate more BTC. “There is clear evidence that bitcoin whale addresses are viewing [8 May's] drop below $30k as an event to accumulate,” it recently tweeted.
Who are the biggest Bitcoin whales?
Satoshi Nakamoto, the anonymous Bitcoin creator, thought to own over one million BTC worth somewhere around $4.5 billion, is the biggest Bitcoin whale out there.
What is a whale position?
A whale is a big holder of crypto, and usually have a substantial amount of capital. Basically, they're rich. This is a term borrowed from casino gamblers.
Who is the largest Bitcoin holder?
Who is the wealthiest person in cryptocurrency? According to the Bloomberg Billionaire Index, Changpeng Zhao—founder of cryptocurrency exchange Binance—is estimated to be worth $96 billion, making him the richest person in cryptocurrencies.
What are crypto whales doing?
A whale is a cryptocurrency term that refers to individuals or entities that hold large amounts of bitcoin. Whales hold enough cryptocurrency that they have the potential to manipulate currency valuations. Crypto whales can be individuals or institutional investors.
The impact of whales on the price of bitcoin
With a relatively small capital, a fraction of bitcoins or even a few bitcoins (with a daily turnover of several thousand bitcoins) or capital in the amount of even tens of thousands of dollars, with a daily turnover of one billion dollars, our buy and sell orders will not significantly affect the price.
And you can become a shark or a whale!
There are many cryptocurrencies about low capitalization market and very much low liquidity. The daily trading volume is just a few hundred dollars. If you want to find out what it's like to be a whale manipulating the market and playing the price is not an easy task, you can buy a niche cryptocurrency using the pending sales orders.
What is a whale in a business?
A whale is a sales prospect so big that it could make a major difference to your company's business. A whale is much larger than your usual target, and the revenue it could bring in is much larger, too. However, as with the white whale in Herman Melville's Moby Dick, the lure of landing such a prize can also distract you from easier wins.
Why is it important to close whale deals?
Closing deals with whales often takes far more time and effort than a typical sale , but that's because these deals are so much larger —a single whale can be the equivalent of a dozen other prospects. This makes whales very worthwhile to pursue despite the extra effort.
What is whale prospect?
With business-to-business (B2B) sales, a whale prospect is often a company that's far larger than your own. In business-to-consumer (B2C) sales, it might be a prospect who buys your priciest product option and does so regularly.
How to land a whale?
To land a whale requires effort, strategy, and dedication. Use your network to secure access to the gatekeeper at the organization you're targeting, and plan on building up strong relationships with the contacts you encounter. Expect the sales process to take months and require a lot of attention on your part to diagnose problems, define solutions, and present your case.
Is it risky to land a whale?
Landing a whale can take much more time, care, and attention, which is risky if you can't close the deal. In many companies, 80% of their revenue comes from just 20% of their clients, so investing in courting these clients can pay off.
What is a whale in cryptocurrency?
A whale is any individual or company who has enough money and power to directly influence the price of a cryptocurrency or stock, usually in a negative way. Think of a whale and their large mass.
Why are people called bulls?
The reason these people are referred to as bulls is due to the nature of how bulls attack, usually in an upward swiping motion.
Whales
A whale is any individual or company who has enough money and power to directly influence the price of a cryptocurrency or stock, usually in a negative way. Think of a whale and their large mass. They can make huge splashes and the same concept can be applied to crypto/financial markets.
Your Answer
Thanks for contributing an answer to English Language & Usage Stack Exchange!
What is a whale in bitcoin?
A bitcoin whale is a cryptocurrency term that refers to individuals or entities that hold large amounts of bitcoin. Whales hold enough cryptocurrency that they have the potential to manipulate the currency valuations.
Why are whales bad for bitcoin?
Whales can be a problem for bitcoin because the concentration of wealth, particularly if it sits unmoved in an account and lowers liquidity, which , in turn, can increase price volatility. Volatility is further increased if the whale moves a large quantity of bitcoin at once.
Who is the biggest Bitcoin whale?
The biggest bitcoin whales are Satoshi Nakamoto, the inventor of bitcoin, the Winklevoss twins, and venture capitalists like Tim Draper and Barry Silbert. 2 .
6. Bagholders
Example: “I think this coin is going to sell off, and someone’s going to be left as the bagholder.”
7. Mooning
If something is “mooning,” that means a coin’s price is experiencing a spike. “That is often what you’ll see on Twitter, or social media sites,” he says. “That is one term that I don’t enjoy.”
What is an animal in the stock market?
Well, Animals in the Stock Market are commonly used terminology to define specific characteristics of the type of traders or investors or market scenario. In this article, we are going to discuss 11 of such most commonly used animals in the stock market. Please read the article till the end as there are some bonuses in the last section of this post.
What are the most commonly used animals in the stock market?
Here are the eleven most frequently used animals in the share market by stock analysts or the authors of investing books. 1. Bulls – The Optimistic. The bulls represent the investors or traders who are optimistic about the future prospects of the share market. They believe that the market will continue its upward trend.
What is a rabbit in trading?
Rabbits. The term rabbits are used to describe those traders or investors who take a position for a very short period of time. The trading time of these traders is typically in minutes. These types of traders are scalpers and trying to scalp profits during the day.
What are stags in stock trading?
For example, Stags can be the traders who buy the share of a company during its initial public offering (IPO) and sell them when the stock is listed and trading commences. They do stagging with the hope to get listing gains and hence these individuals are called stags. 11. Wolves.
What is a share trader?
Shares are those traders who are just concerned about making money. They get into the trades, make money, and exits the share market. The sharks have very little interest in big complicated methods of making money from the market.
What are the bulls and bears?
They believe that the market will continue its upward trend. Bulls are the ones who drive the share price of companies higher. 2. Bears – The Pessimistic. Bears are the investors or traders who are totally opposite of the bulls. They are convinced that the market is headed for a fall.
What is chicken in investing?
Chicken refers to those investors who are fearful of the stock market and hence do not take risks. They stay away from the market risks by sticking to conservative instruments such as bonds, bank deposits, or government securities.
