In the crypto market, there are giant investors called:
Whales.
These wallets can move millions of dollars in seconds.
That’s why many analysts follow something called:
Whale Watching.
📊 What does it mean?
It is to analyze the movements of large wallets on the blockchain.
For example:
When a whale moves large amounts of Bitcoin to an exchange…
it can mean that they are preparing to sell.
But when withdrawing funds from an exchange…
many times it means accumulation.
💡 That’s why many traders follow on-chain data before making decisions.