Definition
A whale holds enough of a token that buying or selling meaningfully shifts the chart. On a low-cap memecoin, a whale might only need five or six figures to wreck the price; on a top-10 coin, it takes tens of millions.
Watch whale wallets on an explorer before you buy. Top-10 holders controlling 40%+ of supply is a red flag for low-float games and coordinated dumps. Whale movements to exchanges usually precede selling.
Examples
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A whale dumped 2% of supply into the pool and the price tanked 40%.
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Top 10 wallets hold 68% of supply. That's not a community, that's a cartel.
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Whale just moved 50M tokens to Binance — probably not there to stake.
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