Question 1

What is a whale in crypto?

Accepted Answer

A whale is an entity that holds or trades large amounts of cryptocurrency. Transactions of 10 BTC or more are typically classified as whale transactions, and their movements can significantly impact market prices.

Question 2

Why is mempool data important?

Accepted Answer

The mempool is a queue of unconfirmed transactions waiting to be included in a block. Detecting large transactions in the mempool lets you identify whale activity before it is recorded on the blockchain, enabling proactive market analysis.

Question 3

How are whale tiers classified?

Accepted Answer

Whales are classified into three tiers by transaction size: Mega Whale (100+ BTC), Large Whale (50-99 BTC), and Whale (10-49 BTC). Higher tiers generally have greater potential market impact.

BTC Whale Tracker

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