WHALES VS HAMSTERS: WHO IS WHO
🐠Crypto Whales are people or organizations that own a large amount of crypto. Their actions can affect the market's prices and liquidity. For instance, someone with at least 1,000 BTC is usually considered a Bitcoin whale.
🐹Crypto Hamster is a fun term for small retail investors in the cryptocurrency market. It describes the unpredictable and emotional trading habits of these investors, who might panic sell or buy impulsively based on quick price changes.
↗️Whales have a bigger impact on the market because they can move large amounts of money, which can influence prices and liquidity.
⏳Hamsters, as smaller investors, can make the market more volatile if many of them decide to buy or sell a cryptocurrency.
☀️💦The actions of both whales and hamsters make the cryptocurrency market dynamic and unpredictable.
