What is the main purpose of manipulating the market?
Before delving into the analysis of manipulation techniques, we must first clarify what the main purposes of market manipulation are. The main goal of a market maker in pulling up prices is to prevent low-priced shares from falling into the hands of others so that they can sell at a higher price and thus obtain greater profits. The purposes of driving down prices mainly include several aspects: firstly, to wash out other low-priced shares while collecting low-priced shares for themselves and quickly offloading high-priced shares; secondly, it might simply be a case of "I’m done!" and then taking the money and running.
Given these purposes, it is evident that price increases must be very rapid. So how can one achieve a rapid price increase? Only large buy orders can accomplish this rapid price rise. Therefore, when pulling up prices, there will definitely be one or more addresses making significant purchases.
For example, if you see two addresses each making purchases of at least over a thousand dollars repeatedly, this is called pulling up prices. Thus, when looking for market maker addresses, one can filter buy order records greater than 1000 dollars, review them one by one, and if the main trading token of that address is indeed this one, then you can identify which address belongs to the market maker pulling up prices.
Similarly, how can market makers collect the initial low shares? They must quickly strike at the very beginning, at the lowest point, to extract most of the shares. Therefore, by checking the earliest transaction records and reviewing them individually, one can basically see all the actions of the market maker collecting low shares.