What Is Whale?

A whale is an individual or entity that holds a very large amount of cryptocurrency. In Bitcoin, a whale typically holds 1,000+ BTC. In Ethereum, a whale might hold 10,000+ ETH. Whale movements are closely watched because their large transactions can significantly impact market prices. When a whale buys or sells, it can trigger cascading price movements as other traders react. Sonar Tracker monitors whale wallets across 10+ blockchains to give traders early detection of these market-moving transactions.