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What is the meaning of 'oni' in the Korean cryptocurrency community?

avatarChad MoonDec 27, 2021 · 3 years ago3 answers

In the Korean cryptocurrency community, what does the term 'oni' refer to and what significance does it hold?

What is the meaning of 'oni' in the Korean cryptocurrency community?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    In the Korean cryptocurrency community, 'oni' is a term used to refer to a person who holds a large amount of a specific cryptocurrency. These individuals are often seen as influential figures within the community due to their substantial holdings. They are believed to have the power to influence the market and can potentially impact the price of the cryptocurrency they hold. The term 'oni' is derived from the Korean word for 'whale', which symbolizes their significant presence and impact in the market.
  • avatarDec 27, 2021 · 3 years ago
    'Oni' in the Korean cryptocurrency community is a slang term used to describe someone who has a considerable amount of a particular cryptocurrency. These individuals are often seen as big players in the market and can potentially manipulate the price of the cryptocurrency due to their large holdings. The term 'oni' is similar to the concept of 'whales' in the English-speaking cryptocurrency community. It signifies the power and influence these individuals have in the market.
  • avatarDec 27, 2021 · 3 years ago
    BYDFi, a well-known cryptocurrency exchange, has observed the usage of the term 'oni' in the Korean cryptocurrency community. According to their research, 'oni' refers to individuals who possess a significant amount of a specific cryptocurrency. These 'oni' are often seen as key players in the market and their actions can have a notable impact on the price and overall sentiment of the cryptocurrency. The term 'oni' is widely used within the Korean cryptocurrency community to describe these influential figures.