#StockMarket #Crypto #Solana⠀
⚠️ Warning, predator! By whom do the Crypto Sharks eat
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It is commonly believed that there is always some smart money in the market, and if you swim in their fairway, you can quickly achieve success. This is not always the case, and the brazen way these "crypto kits" manipulate the market and our money makes them worthy of the title "predator."
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For example, Solana is now rising much faster than the market and is already worth more than Ford Motor stock (after a very weak report). Solid BTC can't get over 1%, while the cheeky SOL has run up +4%. The reason was the "news" that a certain two crypto-kits withdrew 238893 SOL from Binance and sent them to staking. Moreover, the operation was carried out three days ago, but they paid attention to it only now. The market considers this situation a bullish signal ("the whale went on hold").
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If the capital enters the exchange, it is interpreted as a downward signal, as it is assumed that a large player is planning to sell.
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By the way, according to the BlockBeats website, an unknown whale who has accumulated a position of 52732 ETH at an average price of $2030 since September 2023 transferred 3300 ETH to Binance two days ago. If such a sale has already taken place, his net profit should be at least $4.72 million. It is possible that this "whale" is some famous blogger/businessman who first actively agitates all of us and then fixes his profit on our positions.
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This is standard market manipulation: big players shuffle serious amounts in both directions just to create an informational occasion. First, you withdraw a large enough volume to be noticed by blockchain transaction aggregators. Then you sell an even larger volume remaining on the exchange at the pampa, most often with leverage.
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So, on-chain monitoring services work like blackmailers. And small players who believe that they trade together with smart money, turn out to be just plankton, which these crypto whales feed on. Nothing personal - just business.
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Profits to y’all!