#whales
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On-Chain Analysis with Nansen
Nansen is an analytical platform that offers deep insights into token movements, NFT activities, and categorizing crypto wallets belonging to banks, exchanges, and major investors, thereby significantly enhancing data handling. Investors leverage Nansen to spot whales, manage portfolios, and delve into on-chain investigations. Crypto Millionaires: How Many Are There in the World?
The digital community is always curious about the number of uber-rich crypto whales. Delving into others' financials is inherent to human nature. However, the issue with crypto millionaires is even more intriguing: they're often accused of having the power to manipulate the market, which can affect the portfolios of average investors. Are whales gearing up to manipulate the market again?
The data analysis company, Santiment, has detected a notable surge in transactions (exceeding $10 million) within certain renowned altcoins, including AAVE, APE, COMP and others.
The majority of these have seen a price decline, with AAVE being the exception, as its value increased by 1.14%. This shift was discernible not only against the dollar but also when compared to Bitcoin. 
Who are crypto whales?
We often see comments like: “It’s all because of the whales” or “We should have watched out for the whales” on the Internet. By analogy with the marine world, it is easy to understand that this is something huge and important. But this is not enough to characterize crypto whales and their impact on the cryptocurrency ocean. 
Is It Worth Following Crypto Whales and Their Wallets?
Each prospective asset finds its way into the investment portfolios of private individuals and organizations. Those who possess substantial volumes of a particular asset wield significant influence over its value, actively engaging in market operations. By closely observing the capital flow of major investors, one can seize opportunities for personal gain. 
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