What is the meaning of 'putler' in the context of cryptocurrency?

3 answers

• BriefgardeMar 02, 2022 · 3 years ago
  Putler is a slang term used in the cryptocurrency community to refer to a person who holds a large amount of a particular cryptocurrency and has the ability to influence its price. These individuals are often seen as whales in the market and their actions can have a significant impact on the overall market sentiment. The term 'putler' is derived from the combination of 'put' (a financial option that gives the holder the right to sell an asset at a specified price) and 'whale'. It is important to note that the term 'putler' is not widely recognized outside of the cryptocurrency community and may not be familiar to everyone.
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• Amrit GautamJun 21, 2023 · 2 years ago
  Putler? Oh, you mean those big players in the cryptocurrency market who can manipulate the prices? Yeah, they are like the whales of the crypto world. They hold a massive amount of a specific cryptocurrency and can make moves that affect the market. These putlers have the power to sell their holdings at a predetermined price, which can create a significant impact on the market. So, if you hear someone talking about putlers, they are referring to those influential players who can make waves in the crypto market.
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• Hove CaseJul 18, 2022 · 3 years ago
  Putler, huh? Well, in the cryptocurrency world, putler refers to individuals who hold a substantial amount of a particular cryptocurrency and have the ability to influence its price. These putlers are often seen as market movers, as their actions can cause significant fluctuations in the market. They have the power to sell their holdings at a predetermined price, which can trigger a chain reaction in the market. So, if you come across the term putler, it's referring to those big players who can make or break the market.
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