Whale Watching: How SMEs Should React to Crypto Volatility
Crypto markets are up and down as they always are, but this time it’s different. Well, maybe it’s not. As some crypto traders stay cautious after recent downturns, whales begin to accumulate assets like Arbitrum (ARB). So what can small and medium-sized enterprises (SMEs) learn from this?
Whales Are Back
For many, a whale is an individual or player that holds a lot of cryptocurrency. Their movements can sway market trends, making it essential for SMEs to follow their lead. Tracking on-chain data tools can show large transactions, exchange inflows/outflows, and wallet clusters. This info can give SMEs some clues as to what to do next.
Arbitrum as a Test Case
Arbitrum has garnered attention for its impressive price movements. After a near…
