Whales
Whales related articles on BTCC. "Whales" are an organize that in cryptocurrencies create a chain reaction between small fish or traders, affecting the entire market. Between October and November 2021, the cryptocurrency Shiba Inu (SHIB) witnessed a surge, one of the most significant contributors to this surge was "whales", to be precise. the whales controlled 70.52% of the token, in the last week of October, the whales enjoyed returns of nearly 800% on their investments.
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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.
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