The idea of cryptocurrencies has always been about freedom from centralized structures. But how free is the market really? Or is it all an illusion created by large players? Let's find out. 🧐
💡 The Myth of Decentralization
At first glance, the crypto market seems democratic. However, according to Glassnode, less than 1% of addresses control over 85% of all bitcoins. This gives immense power to so-called 'whales' — large players capable of moving the market.
💥 Examples of Whale Manipulations
🪙 Tether (USDT): In moments of market turmoil, the issuance of USDT increases by billions. Tokens flow to centralized exchanges, provoking price movements.
🚀 Shiba Inu (SHIB): Remember the loud pumps and dumps? This is the work of large addresses moving the price of the entire coin.
📉 Bitcoin (BTC): Liquidations on futures are often related to whale actions. Their goal is to shake retail traders out of their positions.
If you see sudden spikes in volume and sharp price movements, it's not retail traders. It's the whales. 🐋
✨ How to Protect Yourself from Manipulations?
✅ Study the Data: Use Glassnode or Whale Alert to track large transactions.
✅ Don't Chase the Crowd: Rapid price increases can be a pump. Wait for a correction.
✅ Limit Risks: A leverage above 2x on volatile coins is playing with fire.
⚖️ Market Reality: Who Is in Control?
• Ethereum: Despite the transition to Proof-of-Stake, the majority of staking is concentrated among large providers.
• Solana: High transaction speed, but the centralization of nodes raises questions.
• Cardano: Considered one of the most independent blockchains, but the question remains: can it outpace the leaders?
💡 For example, in 2022, Cardano managed to withstand pressure while maintaining the independence of its validators. This was a rare case where technology proved its strength.
🌟 Conclusion: The cryptocurrency market is still far from ideal equality. To understand it, one must look deeper, not just at the charts.
🔥 What do you think, is it possible to achieve an independent crypto market? Or will large players always dictate the rules? Share your thoughts!