Crypto Shark refers to individuals or organizations with a wealth of financial experience, holding large amounts of cryptocurrencies. Possessing huge amounts of money, the Sharks have the ability to manipulate the valuation of currencies, making their every move watched by many investors.
Sharks come in all shapes and sizes, typically 2 types:
- Shark comes from a solid financial background such as investors in stocks, real estate, projects…. These Sharks usually have a lot of investment experience, an understanding of market psychology, and cash flow.
- Shark comes from and gets rich from the Crypto market itself. They can be IT people, developers, lovers of pure participation in the market. Although they do not have the advantage of business vision like the Shark group above, they have a deep understanding of coin’s techniques, parameters, indexes, on-chain data…