Balene activities and its effect on star prices (XLM)

The cryptocurrency world was dominated by a small group known as “whales”, which hold a significant part of the entire market offer. These huge investors deeply influence their favorite cryptocurrency, including Stellar (XLM) prices. In this article, we examine the concept of whale activities and its impact on star prices.

What are the whales?

The whales refer to large cryptocurrencies and experts who have significant amounts of coins for a longer period of time. They often work outside of traditional market structures, allowing them to accumulate huge wealth through trade and speculation. The term “whale” comes from the 1980s as the common language of Wall Street’s largest and strongest whales.

How do whales affect star prices?

The whales play a decisive role in modeling the stars’ price movements (XLM), due to the enormous power of detention and commercial activity. Here are some key methods with which whales influence XLM prices:

• Mercato Feel : Whales often contain a large amount of XLM, which can affect the feeling of the market. If they start selling or buying significant money, this can trigger price movements based on the collective opinion of other investors.

• Absolute and Question

  : The number of whales holding XLM gives the market and demand. When multiple whales enter the market with a large amount of XLM, it creates a self-reinforcement cycle that directs prices up or down.

• Commercial Activity : Whales are known to be active merchants that buy or sell a huge amount of XLM in high -frequency exchanges or by other means. This activity can create volatility and affect price movements.

• Liquidity : Whales often contain a large amount of XLM in their wallets or invest through various activities. This liquidity contributes to the sales of the currency, which can affect prices.

• Network Impact : Buy and sell collective whales creates a network effect that controls prices. As most whales enter the market with a large amount of XLM, cumulative purchase pressure is increasing.

Examples of whale activity that affects star prices

To illustrate the effects of whales on star prices, consider the following examples:

1
January 2020 : The whale known as “Doge” was accused of manipulating the price of XLM by exchanging large amounts of money. In January 2020, this event triggered tremendous sales, which influenced prices throughout the year.

• February 2020 : The Whale Group bought about $ 20 million on February 4, which caused a significant price increase for a few days.

• March 2021 : Investment in the whale to XLM led to an increase in purchase pressure, which increased by more than 50% within a few hours.

Conclusion

The activities of whales play a fundamental role in modeling the stars (XLM). The enormous power of detention and the commercial activities of these influential investors can create self -reinforcing cycles that increase prices up or down. In order to gain insight into the impact of the whales on the XLM prices, you must monitor the sense, demand and demand of market, commercial activity, liquidity and network effects.

While the cryptocurrency area continues to develop, it is essential that investors and market participants are informed about whale activity and its possible impact on star prices (XLM).