This is something I have been thinking about also . That some of the large whales cause a pump so they can dump and then buy back at lower prices
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This is something I have been thinking about also . That some of the large whales cause a pump so they can dump and then buy back at lower prices
This is something quite common in the crypto world. With that said, I don't think there are whales big enough at the moment to generate this kind of volume. If I'm not mistaken, we reached over 7 million $ in volume / 24h.