๐จ Market Pump and Dump Alert! ๐จ
Be on the lookout for whale trapsโsudden market movements that can catch traders off guard. Hereโs how it usually unfolds:
1. ๐ Pump: Whales make big buys, driving the price up fast. This triggers FOMO, pulling in retail traders who donโt want to miss out.
2. ๐ฅ Dump: Once the price hits a peak, whales unload their holdings, causing a sharp drop. Those who jumped in late end up with losses.
Whale traps take advantage of market volatility and emotional trading. Stay smart, stay informed, and donโt get caught in the trap!
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