Whale Zones in Crypto: Reference Areas, Distance and Freshness

Whales are entities that hold large amounts of cryptocurrency — enough to move the market. A whale zone on the Znorva map is an area price left quickly in the past; the data does not show who traded there. Price may or may not react when it comes back: in our tests, zones near price were reached far more often than distant ones, and they reacted only marginally more often than random levels at the same distance (54% vs 50%) and did not trade better.

Richard Wyckoff described how institutional investors accumulate positions over time without moving the market against themselves. Wyckoff phases include Phase A — stopping the downtrend, Phase B — range-bound accumulation, Phase C — the Spring which is a false breakdown to shake out retail traders, Phase D — mark-up begins, and Phase E — trend continuation.

Volume Profile shows how much volume was traded at each price level. The Point of Control (POC) is the price level with the highest traded volume. The POC is where most volume traded. A zone near it is simply close to a heavily traded price.

Whale Zone shows the nearest reference zones above and below price on 4H, 1D and 1W, with distance and freshness.