Glossary
Whale
Also written or said as: whales, big wallet, big holder, whale buy
A wallet holding a large amount of a coin, or of SOL.
On a small memecoin, a whale may be any wallet holding a few percent of the supply. When a whale buys, the price jumps, and when a whale sells, everyone feels it. Watching what whales do is one of the main reasons traders check the holder list.
Learn it properly inThe culture of the trenchesMemecoins 101 · 3 min readRelated words
This guide is for learning. It is not financial advice. Most memecoins go to zero and most people who trade them lose money. Only ever trade what you can afford to lose.