Market Pump and Dump Alert ❗️
Ever wonder why the market suddenly pumps and then crashes? You could be witnessing a whale trap in action. Here’s how these big players manipulate the market:
1. The Pump: Whales buy up massive amounts of a cryptocurrency, driving the price sky-high. This sparks FOMO among retail traders, who rush in to catch the wave.
2. The Dump: Once the price hits a peak, the whales start selling off their holdings. This causes the price to plummet, leaving late traders stuck with the losses.
Whale traps are designed to exploit volatility and emotions, allowing the big fish to profit while smaller investors take the hit. Stay sharp and always manage your risk!
