Dolphin Investors in Crypto: A Mid-Level Player
Dolphin is someone who owns a mid-sized amount of cryptocurrency.
Who are dolphins?
Cryptocurrency investors are sometimes classified according to the relative size of their holdings. Small investors (those with very modest holdings of a given currency or a small overall portfolio) are sometimes called fry or fish. At the opposite end of the scale, those with particularly large cryptocurrency holdings are known as whales.
Compared to dolphins or minnows, crypto-kits often keep a close eye on their moves from the crypto community. There are many stories of crypto-kits moving large amounts of money, especially across the Bitcoin blockchain. Such stories are often used to illustrate one of Bitcoin’s main advantages: extremely low transaction fees. Crypto-kits sometimes report that they have moved hundreds of thousands of dollars into Bitcoin for just a few dollars in fees.