đ¨ Beware the Whale Trap! đ¨
Ever noticed a sudden crash in the crypto market? It might just be a clever whale trap a tactic where big players manipulate the market for massive gains. Here's how it works:
1ď¸Massive Sell-Off: Whales dump large amounts, triggering a price plunge and panic among smaller traders.
2ď¸Panic Selling: Fear spreads, and everyone rushes to sell, pushing the market even lower.
3ď¸ Whale Buy-Back: Once the price is down, the whale quietly buys back assets at a bargain, restoring the market and boosting their holdings.
Stay sharp and donât get caught in the fear! Crypto is a game of patience and strategy.