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$PEPE
This is how things work. đłđłđł
Whales are buying slowly at this level, around .660-.680. They have tested .630 but there were strong resistance so the price went back to 670.
Now they are the ones who are buying in smaller amounts (..small to them)
And when they collected enough coins for this cheap price (like for millions of USDT) then they will put in larger amounts to raise the price fast.
They will not make profit on the last some millions but at that level they have enough coins for much cheaper price.
They can make huge profit on the coins they bought for .640-.750.
And when the price is good for them they will start selling but before that they also open a short position because they are sure that the price will drop.
I'm not saying that this same thing is happening now but one of my buddies who is playing with large amounts have a strategie like this.
Hope that soon they will feel they have enough and will pump up the price because I'm in loss .... so c'on whales ...enough of the cheap coins ...let us small traders make some profit too. đđđđ
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