How do whales influence crypto markets, and how can onchain data reveal their moves?

[kevin1]

A: Crypto whales—wallets holding significant amounts of tokens—can trigger sharp market swings when they buy or sell. Advanced traders use onchain analytics to monitor whale activity via:

Wallet clustering: Linking multiple addresses to detect hidden whale networks.

Exchange inflows/outflows: Tracking deposits to/from exchanges to anticipate selling pressure.

Behavioral patterns: Accumulation vs. distribution trends reveal strategy, not just transaction size.

By combining these signals with price action and sentiment, traders can anticipate market shifts before they hit mainstream awareness.

#CryptoTrading #OnchainAnalytics #WhaleWatching