Let me break it down for you in simple terms: here's how the "Whale of Troy" pulled off his clever strategy.
First, he sold off a big chunk of his coins—about 30% of what he owned. This caused the price to drop from $0.0082 to $0.0034. Now, you might think, "Why would he do that? Isn’t he losing money?" Nope, this was all part of his plan.
By dumping so many coins, he triggered panic in the market. Investors saw the price crashing and thought, "I need to sell before it drops even more!" And that’s exactly what they did—about 60% of the coins sold during this time came from these panicked investors.
While everyone was selling their coins at rock-bottom prices, the whale was quietly buying them up. Not only did he likely reclaim his original 30%, but he also scooped up the coins sold by the panicked investors—getting even more coins than he started with, all for dirt-cheap prices.
In the end, the whale came out ahead, controlling an even larger supply at a much lower cost. That’s how whales play the market—they use fear to their advantage.
So, the next time you see a big sell-off, remember this: don’t let the whale win. Stay calm and hold strong!