Whales, crabs, and shrimps
Every crypto enthusiast knows who the whales are in the crypto sea, but most likely, you don’t know the full list of its inhabitants =)
In the community, there is a specific classification of holders by the number of their coins.
They are:
Humpbacks — holders with over 5,000 BTC
Whales — over 1,000 BTC (or altcoin owners with a portfolio of at least $10 million)
Sharks — from 500 to 1,000 BTC
Dolphins — from 100 to 500 BTC
Fish — from 50 to 100 BTC
Octopi — from 10 to 50 BTC
Crabs — from 1 to 10 BTC
Shrimp — less than 1 BTC.
There are also “planktons”: BTC addresses with a balance of less than 0.01 BTC.
Most Crypto Twitter users only discuss whale activity, but knowing these classifications can help you flex your crypto knowledge.
@Cryptocurrency_Inside
