Binance Square
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🚀 What is an exit pump? 📈An exit pump is a strategy used by traders to profit from a rapid increase in the price of an asset, usually due to artificial manipulation or speculation. 🔍 How does it work? 1. Price Manipulation: A group of traders (often called "pumpers") create artificial demand for an asset by placing large buy orders, causing the price to rise sharply.

🚀 What is an exit pump? 📈

An exit pump is a strategy used by traders to profit from a rapid increase in the price of an asset, usually due to artificial manipulation or speculation.
🔍 How does it work?
1. Price Manipulation: A group of traders (often called "pumpers") create artificial demand for an asset by placing large buy orders, causing the price to rise sharply.