Whale Alert: What Is And How To Take Advantage Of It
✍️ 21 July, 2022 - 16:04 👤 Editor: Jakub Motyka
- Whale Alert is a notification service of big capital movements of the whales in the crypto market.
- It allows you to receive instant notifications as soon as a great movement of tokens in the blockchain network.
- It is an excellent source of information to anticipate movements in the price of Bitcoin (BTC) and any of the other altcoins.
In the world of cryptocurrencies it is important that you are informed at all times of its changes and trends; if possible, before the price of Bitcoin (BTC), Ethereum (ETH) or any other of the altcoins rises or falls drastically. For this reason, there are many platforms that offer news and monitor certain users who have large amounts of tokens. In addition, some are also responsible for registering and making public the data of large cryptocurrency movements, and one of these platforms is Whale Alert.
Whale Alert has proven to be an excellent monitoring tool for different investors, since it can warn users of possible changes in the market, whether due to sales, transfers and others. large movements between wallets.
With more than 500,000 followers, Whale Alert offers the latest information extracted directly from the blockchain network, from which it analyzes millions of transactions a day to detect any movement likely to belong to a "whale", that is, a holder of a huge amount of value in tokens of some cryptocurrency.
What Is Whale Alert?
Whale Alert is the largest platform in the world in which they offer a free and paid tracking serviceto cryptocurrency wallets. Its name, Whale Alert, means Whale Alert, and refers to the fact that it offers an alert service when the whales of the crypto world move.
It is available both in web format as well as emitting alerts through networks social, being his Twitter channel @whale_alert and his Telegram channel t.me/whale_alert_io his two most popular news sources, with 1.2 million and 250,000 followers each of them, respectively.
In the crypto world, a whale is nothing more than a user, person or wallet with a large number of Bitcoin (BTC) tokens or other cryptocurrency. They are considered whales as they have investments of hundreds of thousands of dollars, so what the Whale Alert service does is offer alerts on movements between wallets or exchanges that these users do.
Thanks to this platform, users can stay informed of the latest movements, something thanks to which its creators have already earned the trust of more than 500,000 people. They have also evolved their alert system, in the sense that they not only have a web page from which to follow up, but also it is possible to follow them from Twitter or even on their Telegram channel.
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Therefore, without fear of being wrong, we can say that access to the information of the large movements of cryptocurrencies on the blockchain network is becoming easier, and this allows the community to be more transparent over time. In addition, there are also other positive aspects about this service, and among them are:
Pros Of Using Whale Alert:
- The monitoring of large bills is carried out daily.
- It allows your customers to access historical data, transactions and large movements made over time.
- The level of transparency they offer is high, to the point that they can even offer the name of the owner of the wallet (if to possess it).
- It is possible to create a personal alert service, in which the clients strictly select the characteristics that the transactions must fulfill so that they are notified.
- Users can access this service for free and from different social networks, or even their website.
- It has more professional services designed for companies, in which it offers greater details of the transactions received.
How To Use Whale Alert?
If you are an individual who did not know about Whale Alert, it is likely that when you see it for the first time it will be confusing to you. However, it really is a system that will simply give you data on the large crypto movements that have been made in the last few hours.
The truth is that you won't have to make settings or adjustments as in an application. Simply following them on Twitter or joining a Telegram channel will give you access to the information they share publicly.
Therefore, its level of difficulty to use is null, since even you won't need to register to enjoy the free servicethat they offer to individuals. Ideally, you should subscribe to one of their social profiles (Telegram or Twitter, whichever you prefer), and pay attention to the movements that are published.
Updates To The Transaction Tracking Service For Professionals
It should be noted that, as it is a multi-use system, it is necessary to frequently update its platform. This has allowed its developers to create an API for users who subscribe to the exclusive plans they offer. This API is useful for individuals who require access to the entire database of Whale Alert. However, for those who only need essential data it is of no benefit.
In short, from the web you can see real-time transaction tracking maps, detailed data, relevant information, among others. All thanks to the fact that they frequently update the platform to guarantee the best user experience for consumers.
On the other hand, Telegram and Twitter maintain a high level of activity, with an average number of posts per minute starting from approximately 20 to 40. By following them around you will already have a good source of information to be aware of the movements of the Bitcoin (BTC) whales.
❓ Whale Alert: Frequently Asked Questions (FAQs)
At this point, below you will see a summary of the most frequent questions (and answers) about Whale Alert. Find the answer to your question in the following points:
What Is Whale Alert?
Whale Alert is a real-time warning service of all the large capital movements carried out by whales strong> of the cryptomarket, that is, people who have the ability to move tens, or hundreds, of millions of dollars in each operation.
What Is Whale Alert For?
Whale Alert can help you be aware of all the major inflows or outflows of capital in cryptocurrencies, such as Bitcoin (BTC). It is one more signal that helps identify what is going to happen to the market in the coming days.
Is It Free To Use Whale Alert?
Yes, you have several options to use the Whale Alert service without having to pay anything. But they also have payment plans that may interest you if you are looking for a more advanced notification service.
Can I Create My Own Whale Alerts?
If you opt for the payment method, you can configure crypto whale alerts to receive notices via email or Slack of all relevant capital movements within your search filters.
Is It The Same To Follow Whale Alert On Telegram And/Or Twitter?
If you mean if it is enough to follow the Whale Alert accounts on social networks such as Telegram or Twitter to be aware of the large capital movements of cryptocurrencies, the answer is that yes, with these two ways you will have enough information to be aware of the most relevant movements.
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