REEFU's recent sharp decline has attracted widespread market attention, and one of the key factors may be related to the way market makers operate. Market manipulation may have played a role in the decline.
The role of the market maker is usually to provide liquidity to the market and maintain market stability through buying and selling orders. This kind of manipulation is extremely obvious in cryptocurrency projects that have liquidity at low levels. Target or harvest market sentiment.
This drop may also be due to market makers withdrawing some funds, causing market liquidity to plummet. Panic selling.
Additionally, market makers may engage in aggressive high-frequency trading strategies in an attempt to profit from artificial price fluctuations, making the market more volatile. The sell-off followed, further exacerbating the price decline.
Overall, market makers may have played an important role in the decline of REEFU, driving price fluctuations through their influence.
