Almost every major dip, it is consistently agreed that whales are selling the higher prices to shake out the paper hands allowing whales to buy back in at lower prices. But how do the whales all agree upon when to sell? Surely, it can't be just the effect of singular whales? What kind of memes would they send to each other in their group chats?
The crypto markets are the most manipulated markets in the world, but are these random crashes actually a result of whale activity?
It has me kinda confused. Is there a group of individuals consistently manipulating the market for their own profit? Are they organised and set specific dates/times for when to sell/buy. Would they put an agreed upon target price that they wish certain cryptos, specifically BTC and ETH to hit? Does that mean that there are group chats of whales for specific coins to manipulate? They probs have fancy meetups with loads of wine and cheese.
Like I look at Whale Stats and clearly there is manipulation happening on some level. SHIB is one of the most held assets among ethereum whales which indicates they must be using it as some form of pump/dump scheme along with Dogelon Mars. Was it agreed upon in the ethereum whale group chat that they'd have lots of fun with SHIB?
Just a shower thought I had the other day and I thought I'd share it here :)
P.S. If you're a whale and reading this pls add me to the group chat
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