What is the definition of dolphin in the context of cryptocurrency?

3 answers

• Dec 16, 2021 · 3 years ago
  A dolphin in the context of cryptocurrency refers to an individual investor who holds a moderate amount of digital assets. Dolphins are often seen as more experienced and knowledgeable than retail investors, but they are not as influential or wealthy as whales. They typically have a significant amount of capital invested in cryptocurrencies and actively participate in trading and investing activities. Dolphins play an important role in the market as they can have an impact on price movements, but their influence is not as significant as that of whales or institutional investors.
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• Dec 16, 2021 · 3 years ago
  When it comes to cryptocurrency, a dolphin is like the middle child between a retail investor and a whale. They have a decent amount of digital assets and are actively involved in the market, but they don't have the same level of influence as whales. Dolphins are often seen as more knowledgeable and experienced than retail investors, and they can have an impact on market trends. However, their actions alone are not enough to cause major price movements. So, while dolphins are important players in the cryptocurrency space, they are not as powerful as whales or institutional investors.
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• Dec 16, 2021 · 3 years ago
  In the context of cryptocurrency, a dolphin refers to an individual investor who holds a significant amount of digital assets but is not as wealthy or influential as a whale. Dolphins are often active traders and investors, and they can have an impact on market trends. However, their actions are not as significant as those of whales or institutional investors. It's important to note that the term 'dolphin' is not an official classification and is more of a metaphorical representation of a certain type of investor in the cryptocurrency space. It's a way to describe someone who is more than a retail investor but not quite at the level of a whale.
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