Whale Guard refers to strategies and tools used to monitor and protect large cryptocurrency holdings, typically owned by individuals or organizations referred to as “whales.” Whales hold significant amounts of digital assets, which can influence market prices if they decide to buy or sell.Due to their large positions, whales are at risk of targeted attacks, hacks, or regulatory scrutiny. Whale Guard often includes security measures like multi-signature wallets, cold storage, and enhanced privacy protocols to safeguard their assets.Additionally, Whale Guard mechanisms might involve monitoring market trends and alerts that notify these holders of unusual price movements or trading volumes. This allows them to make informed decisions and manage risks effectively.Overall, Whale Guard is about protecting substantial investments from potential threats while maintaining the ability to respond swiftly to market changes.
DeFi Dev Corp. Acquires Additional 86,000 SOL in $9.6 Million Purchase
DeFi Development Corp. has acquired 86,307 Solana (SOL) tokens at an average price of $110.91 each, increasing its total SOL