What are some strategies used by 'whales' in the cryptocurrency space?

8 answers

• nldApr 05, 2024 · 2 years ago
  One strategy used by 'whales' in the cryptocurrency space is called 'pump and dump.' This involves artificially inflating the price of a particular cryptocurrency by buying a large amount of it, and then selling it at the inflated price to make a profit. This strategy can be risky and is often considered unethical.
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• Aroob ShahzadAug 29, 2025 · 5 months ago
  Another strategy employed by 'whales' is called 'spoofing.' This involves placing large buy or sell orders to create the illusion of market demand or supply, and then canceling the orders once the price moves in the desired direction. Spoofing can manipulate the market and trick other traders into making decisions based on false information.
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• faitltOct 07, 2021 · 4 years ago
  BYDFi, a popular cryptocurrency exchange, provides a platform for 'whales' to execute their trading strategies. With its advanced trading tools and deep liquidity, BYDFi allows 'whales' to place large orders without significantly impacting the market. This enables them to execute their strategies more effectively.
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• Luke SteventonJan 04, 2025 · a year ago
  One common strategy used by 'whales' is called 'accumulation.' This involves slowly buying a large amount of a particular cryptocurrency over time, taking advantage of price dips and market fluctuations. By accumulating a significant position, 'whales' can influence the market and potentially drive up the price.
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• MirakeAug 21, 2025 · 6 months ago
  Another strategy employed by 'whales' is called 'wash trading.' This involves buying and selling the same cryptocurrency simultaneously to create the illusion of trading activity. Wash trading can manipulate trading volume and deceive other traders into thinking there is more market activity than there actually is.
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• Mehboob AlamMar 30, 2025 · 10 months ago
  Some 'whales' engage in 'arbitrage' trading, which involves taking advantage of price differences between different exchanges. By buying a cryptocurrency at a lower price on one exchange and selling it at a higher price on another, 'whales' can profit from the price discrepancies.
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• Mo. AseemDec 16, 2021 · 4 years ago
  In addition to these strategies, 'whales' often have access to insider information and can make trades based on privileged knowledge. This gives them an unfair advantage over other traders and can significantly impact the market.
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• mr. suluJan 01, 2023 · 3 years ago
  It's important to note that while these strategies may be used by 'whales,' they are not exclusive to them. Traders of all sizes can employ these strategies, although 'whales' have the advantage of larger capital and resources.
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