In the cryptocurrency market, large investors, known as whales, often manipulate prices to maximize their profits. One of the most common strategies is to create artificial liquidity to sell at the highest level. Bait is set up to attract unsuspecting retail traders.
📈 How does this trap work?
1️⃣ A large buy order is executed quickly, pushing the price up and triggering FOMO (Fear of missing out) among traders who believe they are missing out on a major price increase.
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Market Manipulation! You May Have Fallen Victim to a Whale Scam Without Even Knowing It
In the cryptocurrency market, large investors, known as whales, often manipulate prices to maximize their profits. One of the most common strategies is to create artificial liquidity to sell at the highest level. Bait is set up to attract unsuspecting retail traders. 📈 How does this trap work? 1️⃣ A large buy order is executed quickly, pushing the price up and triggering FOMO (Fear of missing out) among traders who believe they are missing out on a major price increase.