Trading glossary

Wallet Address Wallet Address Definition: A Wallet Address is a unique string of alphanumeric characters that serves as a destination identifier for cryptocurrency transactions, mathematically derived from a publ... Wash Trading Wash Trading Definition: Wash trading is a market manipulation technique where a trader (or coordinated group) simultaneously buys and sells the same asset to create artificial trading volume witho... Weak Hands Weak Hands Definition: Weak hands is trading slang for market participants who exit positions during periods of volatility, drawdown, or uncertainty — typically selling at the worst possible times ... Web3 Web3 Definition: Web3 refers to a vision of the internet built on decentralized blockchain technology, where users own their data and digital assets, applications run on smart contracts rather than... Wedge Pattern Wedge Pattern Definition: A Wedge Pattern is a chart pattern formed when price action creates two converging trendlines that both slope in the same direction — either both upward (rising wedge, typ... Wei Wei Definition: Wei is the smallest denomination of Ethereum — one wei is 0.000000000000000001 ETH (10^-18 ETH). Just as Bitcoin is divisible into satoshis (100 million satoshis per Bitcoin), Ether... Weighted Moving Average (WMA) Weighted Moving Average (WMA) Definition: A Weighted Moving Average assigns explicitly different weights to prices within the calculation window — typically linearly decreasing weights with most re... Whale Whale Definition: A whale is an individual or entity that holds a large quantity of a cryptocurrency — typically millions or tens of millions of dollars worth — giving them the ability to influence... Whitelist Whitelist Definition: A whitelist is a list of pre-approved wallet addresses or users who are granted special access to a token sale, airdrop, or exclusive event before it becomes available to the ... Whitepaper Whitepaper Definition: A Whitepaper in cryptocurrency is a foundational technical document published by a blockchain project that describes its purpose, technology, tokenomics, team, and roadmap — ... Wick Wick Definition: A wick is the thin line extending above or below a candlestick on a price chart, representing the highest and lowest prices reached during the candlestick's time period. The wick s... Williams %R Williams %R Definition: Williams %R is a momentum oscillator developed by Larry Williams and introduced in his 1973 book "How I Made One Million Dollars Last Year Trading Commodities," measuring th... Win Rate Win Rate Definition: Win rate is the percentage of trades that produce profits relative to the total number of trades executed, calculated as (winning trades ÷ total trades) × 100. Despite intuitiv... Working Order Working Order Definition: A working order is an open limit order that has been placed on an exchange and is actively waiting to be filled at its specified price. A working order remains active unti... Wrapped Bitcoin (WBTC) Wrapped Bitcoin Definition: Wrapped Bitcoin (WBTC) is an ERC-20 token on Ethereum representing Bitcoin 1:1 — for every WBTC issued, 1 real Bitcoin is held in custody by Merchant (a regulated custod... Wrapped Ether (WETH) Wrapped Ether (WETH) Definition: Wrapped Ether is an ERC-20 token that represents Ethereum on a 1:1 basis. It exists because native Ethereum (ETH) is the blockchain's native currency and doesn't fo... Wyckoff Method Wyckoff Method Definition: The Wyckoff Method is a comprehensive technical analysis framework developed by Richard Wyckoff in the early 1900s, organizing market behavior around accumulation and dis...