In the cryptocurrency market, we often encounter so-called "whale" behavior, which are large investors who hold a large amount of a particular cryptocurrency. They sometimes manipulate market prices through "fake pumps", artificially increasing the value of a currency through large purchases or coordinated buying activities. Such operations often attract retail investors who hope to profit from price increases, but then whales sell their holdings when prices reach their peak, causing prices to plummet and retail investors to suffer losses.
In this case, I recommend:
Keep an eye on whales: Use professional tools and platforms to closely monitor large transactions and wallet activities to gain timely insights into market dynamics. Analyze the market in depth: Keep an eye on market trends and news to get a more complete understanding of market dynamics and identify potential manipulation. Stay vigilant: Be vigilant to sudden and unexplained price surges, especially in illiquid markets.
