pricecrash
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A sudden spike and drop in the market can often be due to whale traps, where large investors manipulate prices for their benefit. Here’s how it usually unfolds:
1. **Price Surge**: Whales buy up a large quantity of cryptocurrency, driving the price up rapidly. This creates FOMO (fear of missing out) among other investors, leading them to buy in as well.
2. **Price Crash**: After the price reaches a peak, the whales begin to sell off their holdings at the inflated prices. This triggers a sharp decline in the market, leaving smaller investors with losses.
Whale traps take advantage of market volatility and traders' emotions, allowing big players to profit at the expense of smaller ones.
#Write2Earn!
#Whalestrap
#MarketVolatilityLaughs
#pricesurge
#pricecrash
1. **Price Surge**: Whales buy up a large quantity of cryptocurrency, driving the price up rapidly. This creates FOMO (fear of missing out) among other investors, leading them to buy in as well.
2. **Price Crash**: After the price reaches a peak, the whales begin to sell off their holdings at the inflated prices. This triggers a sharp decline in the market, leaving smaller investors with losses.
Whale traps take advantage of market volatility and traders' emotions, allowing big players to profit at the expense of smaller ones.
#Write2Earn!
#Whalestrap
#MarketVolatilityLaughs
#pricesurge
#pricecrash
🚨 BREAKING: Telegram CEO Arrested in France - $TON 15% down!
Unconfirmed reports are swirling on social media and some news outlets that Telegram CEO Pavel Durov has been arrested in France. These reports, yet to be officially confirmed, suggest that Durov was detained upon landing at Bourget airport near Paris. Allegedly, he faces a litany of charges, including terrorism, trafficking, conspiracy, fraud, and money laundering.
According to these accounts, Durov was taken into custody after disembarking from his private jet, which had arrived from Azerbaijan. A report from French TV network TF1, citing anonymous sources, indicated that a search warrant was set to be executed if Durov was found on French soil. It also noted that Durov rarely travels within Europe and is cautious about visiting countries where Telegram is under strict surveillance.
In the aftermath of these unconfirmed reports, the TON cryptocurrency, associated with Telegram, saw a sharp decline. Toncoin (TON) dropped over 10% from its peak of $6.86 earlier on August 24 to $5.85 at the time of writing. The broader market appears to be reacting with caution amid the uncertainty surrounding Durov’s status.
Several prominent figures have weighed in on the reports. American commentator Candace Owens remarked on the gravity of the situation, saying, "Pavel Durov truly believes in free speech and created a platform the deep state doesn’t have access to, so now they have arrested him." Meanwhile, Fox News host Tucker Carlson tweeted to his 13.6 million followers, “Pavel Durov sits in a French jail tonight, a living warning to any platform owner who refuses to censor the truth at the behest of governments and intel agencies.”
What do you think about this situation?
👇 Drop a comment
#telegram #ton #trading #pricecrash #blockchain
Unconfirmed reports are swirling on social media and some news outlets that Telegram CEO Pavel Durov has been arrested in France. These reports, yet to be officially confirmed, suggest that Durov was detained upon landing at Bourget airport near Paris. Allegedly, he faces a litany of charges, including terrorism, trafficking, conspiracy, fraud, and money laundering.
According to these accounts, Durov was taken into custody after disembarking from his private jet, which had arrived from Azerbaijan. A report from French TV network TF1, citing anonymous sources, indicated that a search warrant was set to be executed if Durov was found on French soil. It also noted that Durov rarely travels within Europe and is cautious about visiting countries where Telegram is under strict surveillance.
In the aftermath of these unconfirmed reports, the TON cryptocurrency, associated with Telegram, saw a sharp decline. Toncoin (TON) dropped over 10% from its peak of $6.86 earlier on August 24 to $5.85 at the time of writing. The broader market appears to be reacting with caution amid the uncertainty surrounding Durov’s status.
Several prominent figures have weighed in on the reports. American commentator Candace Owens remarked on the gravity of the situation, saying, "Pavel Durov truly believes in free speech and created a platform the deep state doesn’t have access to, so now they have arrested him." Meanwhile, Fox News host Tucker Carlson tweeted to his 13.6 million followers, “Pavel Durov sits in a French jail tonight, a living warning to any platform owner who refuses to censor the truth at the behest of governments and intel agencies.”
What do you think about this situation?
👇 Drop a comment
#telegram #ton #trading #pricecrash #blockchain
200,000 Solana Dump Coming as Whale Behind 24% Dip Moves to Liquidate Another $30Min SOL
🚨 Solana Whale Alert: Potential Price Crash? 🚨
A major Solana whale has been offloading massive amounts of SOL tokens in the past few days, raising concerns about a potential price crash.
In the last 24 hours alone, the whale unstaked 100,000 SOL (worth around $14.9 million) and transferred it to Binance. This follows a similar move of 100,000 SOL just a few days ago.
Key points to consider:
* The whale's previous actions have correlated with significant price drops in the past.
* Solana has been on a strong bull run, making this timing even more intriguing.
* The FTX bankruptcy estate is also selling off Solana, adding to the selling pressure.
What do you think will happen to Solana's price? Let's discuss!
#Solana #CryptocurrencyCulture #WhalesBuying #pricecrash #FTXAuction
A major Solana whale has been offloading massive amounts of SOL tokens in the past few days, raising concerns about a potential price crash.
In the last 24 hours alone, the whale unstaked 100,000 SOL (worth around $14.9 million) and transferred it to Binance. This follows a similar move of 100,000 SOL just a few days ago.
Key points to consider:
* The whale's previous actions have correlated with significant price drops in the past.
* Solana has been on a strong bull run, making this timing even more intriguing.
* The FTX bankruptcy estate is also selling off Solana, adding to the selling pressure.
What do you think will happen to Solana's price? Let's discuss!
#Solana #CryptocurrencyCulture #WhalesBuying #pricecrash #FTXAuction
