What is a Whale?
The short answer
Slang for an individual or entity holding a very large amount of a given cryptocurrency.
Large “whale” transactions sometimes move prices noticeably, since they represent a significant chunk of trading volume — which is why whale activity gets tracked and reported on in crypto news.
Related terms
Full glossaryWallet
Software or hardware that holds your private keys and lets you use crypto — not a place coins…
Gwei
A tiny unit of ETH used to price gas fees — one gwei is one billionth of one…
Seed Phrase
A set of 12 or 24 words that is the master key to a crypto wallet — anyone…
Token
A cryptocurrency built on top of another blockchain, rather than having its own independent network.
Private Key
The secret code that proves ownership of crypto and allows you to move it. Whoever holds it controls…
Cross-Chain Bridge
A tool that lets crypto or data move between two different, otherwise incompatible blockchain networks.
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