Well folks, there it is. This probably confirms what has been happening in the crypto space all along. Still doubting the power of the big corporations?

Those are some pretty big names up there. Their net worth alone is eye watering. That alone classifies them as “Whales”. According to Crypto-Academy,Org, the definition of a whale is “Whale investors in cryptocurrencies are big investors that can change the price of a cryptocurrency by buying or selling a large amount of that cryptocurrency.”

Looking at the list, these are the same people you get comments from regarding crypto’s supposedly worthlessness then you get reports like these. The people who shoot down the space have slowly found a foothold in the industry. Sounds devious? Well, I’ll leave that up to your imagination.

Consider this scenario, if I had 500M to play with. I’d sell around a 100M worth to push the markets down and hopefully create a panic that will push the prices of coins so low, that once the bottom is attained, I then pour in the rest of the 500M. Any price action up is already profit. Once it reaches my price projection, then time to sell again, then rinse and repeat. I recover my losses from the initial 100M by making a profit on the 400M. Of course nobody will admit to doing this. But Crypto has no regulations (yet) remember? It’s the wild west of the investing world. Where rules are non-existent and the little people are powerless against the powerful. What’s to stop people or organizations from doing this?

The next time you believe the FUD, think about this. Manipulation of markets are easy when you have unlimited funds to ignite a sell off or a buy up. Couple this with their paid influencers and you get a perfect storm for the regular joes like us.

So what’s the best way to counter this. You could try aping them. But who knows how to monitor their transactions. And from that list alone, that’s quite a task to keep up with daily, more so on a 24/7 basis. Also remember this, their 1 Million might be disposable, but to us it is our retirement fund. Which simply means, they have cash to burn, we on the other hand, do not.

Or, you could just buy and hold. Their presence in the space signifies that they see some sort of value in crypto (finally!). Hopefully, it isn’t just to make a quick buck through day trading. If it is just for day trading, then we may be screwed for a while. They will keep repeating the same patterns as long as it is still profitable for them.

But looking at the list of blockchains that they have invested in, these look like projects that will help them with their current set of services. More on these in the next article.

But mark this, these investments in blockchain projects signifies that the whales are here to stay in the long term. Sooner or later, prices will just keep going up. Be patient as Rome was not built in a day.

Exciting days are ahead.

DISCLAIMER: I am not a financial adviser and what you have read here is purely my opinion and may be used to further your own research. This is not financial advise. Cheers!