What is a BearWhale?
Bearwhale investors can be considered from two viewpoints. First, a bearwhale represents an individual owning large quantities of a cryptocurrency or coin that uses the holdings to decrease the coin’s price while making gains. The bearwhale can sell their crypto holdings at a higher price and buy them back at a lower price.
Second, a bearwhale might be an investor or trader anticipating a bear market movement. Due to expectations of potential price declines, the bearwhale sells part or all of its crypto holdings. The sell-off puts additional pressure on the coin price and may push the price further down.