Question #510 ·
How can large whale transactions of Bitcoin hint at upcoming price changes?
- Whale transaction sizes set Bitcoin price levels through coordinated trading
- Only small retail transactions trigger price changes not whale movements
- Large whale transactions often precede price swings as liquidity shifts Right answer
- Whale trades have no impact on price movements signal nothing
Why is this the correct answer?
This is correct because when a whale buys or sells a large Bitcoin amount, it changes available liquidity at certain prices. Beginners should note that big on-chain movements can signal where price support or resistance might form, leading to potential volatility ahead.