What is Bitcoin whale watching and how to track Bitcoin whales?

Bitcoin whales are responsible for sudden price fluctuations in the crypto and traditional markets every so often. Tracking Bitcoin whales in real-time allows small-time traders to make profitable trades amid fluctuating market. There are four primary ways to track whale activities, which include monitoring known whale addresses, order books, sudden changes in market capitalization and trades on crypto exchanges. Free services inform investors about successful whale trades, often including information about the sender and receiver’s wallets and the amount of transactions. In a recent market update, Cointelegraph revealed that on-chain data suggested that the largest Bitcoin hodlers were reluctant to act at current prices. In fact, numerous altcoins continue to mimic Bitcoin's bearish trends as whales await a greener sentiment across Source