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Are you familiar with the concept of cold wallets held by exchanges? https://www.longhash.com/en/news/3257/A-New-Way-of-Measuring-Crypto-Exchange-Dominance:-Col
by chabes 6y ago
Are you familiar with the concept of cold wallets held by exchanges? https://www.longhash.com/en/news/3257/A-New-Way-of-Measuring-Crypto-Exchange-Dominance:-Cold-Wallet-Storage https://www.longhash.com/en/news/3257/A-New-Way-of-Measuring...
- mbesto 6y agoI am. What's your point? If you don't think crypto, an anonymous unregulated security, is being manipulated by a small amount of people then I have a bridge to sell you.
- eindiran 6y agoI think that OP's point was likely that many of these wallets are actually cold wallets for exchanges and institutions, rather than individual whales. The article's definition of whales is pretty loose anyway: "individuals who hold their assets in digital wallets and not on an exchange".