FYI, its not always whales sometimes platforms also do this quick dumps to restore their money stuck in futures from long time.

The Volatility of Cryptocurrencies: A Lesson in Risk

Cryptocurrencies are celebrated for their innovation, but their high volatility presents significant risks. Imagine Bitcoin (BTC), the leading cryptocurrency, dropping from almost $100.000 to $90.000 in just one minute. Such a drastic movement isn’t uncommon in the crypto market.

This type of volatility can result from low liquidity, sudden market reactions, or large-scale trades. For inexperienced investors, these swings can mean massive losses in seconds.

The key takeaway? Crypto investments require caution. Diversify your portfolio, use risk management strategies like stop-loss orders, and never invest more than you can afford to lose. Remember, in the crypto world, rapid gains come with the possibility of rapid losses.