Any clue why whales are pumping shit coins at DEX?

[Natalim]

That's price manipulation and with the low volume in DEX, it would be easy for a person to do that.
just understand how to play the game so you will end up profitable, actually I am not trading in DEX anymore after the bull run as the volume just keeps dropping.

Just bear in mind this simple analysis, if big exchange can be manipulated, how much more this small exchange.

[samcrypto]

As you know , if you are trading at Dex you could easily see x100 pumps . After that pump, price down to usual point. So what is that meaning?  If any whale wants to collect the tokens, there are many better ways to collect them more cheaper. Any clue ? is that money laundring?

Exchanges like this are more prone to whale manipulations and its pretty normal with a small coins. Its not laundering its legal in cryptomarket and if you are a trade you can see that everyday. The pump and dump is the best way for a whales to make money, they are pumping a small coin and exit later on. Don’t fall on this trap better to have top coins than to a lower coins that can easily manipulated.

[Tytanowy Janusz]

Could you pls explain  mdab/bnb trading? here is the link ; https://www.binance.org/en/trade/MDAB-D42_BNB
2 days in a row, this is just an example there are many tokens like that at various exchanges.

this is not newbie buying, he is buying approx bought 30K $ in one pump minumum...how can we read it?

Well 30k$ is not worth to laundry. You can exchange that much in 1 Bitcoin ATM for cash without KYC fully anonymous.

Code:

24h Volume
0.51 BNB

It means that daily volume is equal to 10$. In my opinion this particular pump is just arbitrage bots mistake or fat finger error/newbie mistake.

This pump volume was only ~100 000 MDAB


I don't know if this order made in trust wallet will pump price as long as i have funds in my wallet to buy 100 000 coins for me or it will buy xxx coins for 39 BNB but i'm sure that this order won't be fulfilled correctly because as we can see to buy 100 000 MDAB you need to pump coin x100.

[andreibi]

As you know , if you are trading at Dex you could easily see x100 pumps . After that pump, price down to usual point. So what is that meaning?  If any whale wants to collect the tokens, there are many better ways to collect them more cheaper. Any clue ? is that money laundring?

It is an exit pump. First they must ascertain how shallow the sell orders are. If it is cheap enough, they would buy to pump price and then sell back to the newer and hopefully deeper buy orders. If the sell side is not shallow, it is not profitable.

[Cnut237]

Standard pump and dump I think. Small volume coins are easy for whales or P+D groups to manipulate. As always it relies on luring in FOMO victims. Unless you are very confident in what you are doing, I would advise to stay away from the low cap stuff.

[Ridwan Fauzi]

This thing is ocassionally happen at crypto investment and even you can see it at centralized exchange such as binance. Have you know when bittoren was launching? Its price was experiencing increased a lot, I hope you know it.

May I guessed? You made this thread just because you see there is a coin who has been increasing for almost 1500%, isn't it? If I suggesting you must be familiar with this thing. Even, you can see it everyday at coinmarketcap, there is a feature namely the bigger and loser coin.

I don't have any idea to comment what whales did to this market. Clearly, without them the market cryptocurrency just will like another place of investment such as forex and etc.

[Yurkov]

As you know , if you are trading at Dex you could easily see x100 pumps . After that pump, price down to usual point. So what is that meaning?  If any whale wants to collect the tokens, there are many better ways to collect them more cheaper. Any clue ? is that money laundring?

On small exchanges such as Dex, a small amount of money is enough to make the pump of price of a coin with little or no volume. It is definitely not money laundering. Much more likely that are actions of pump&dump groups. There is many groups like this on Telegram. Usually, only the founders of the group, who buy coins earlier and sell first during the pump, make money on this.

[Pelunize12]

DEX has very low volume, it means no liquidity and whales are easy to do pump and dump in that exchange
whales just need few money to pump coins. and whales can get money by fooling the noobs
you should avoid that and invest in better coin and better exchange

[LordShanken]

DEX has very low volume, it means no liquidity and whales are easy to do pump and dump in that exchange
whales just need few money to pump coins. and whales can get money by fooling the noobs
you should avoid that and invest in better coin and better exchange

Not always whales succeed with this type of pump&dump. With such a large amount of coins, it is difficult to hit the one that will be pumped, but earlier it was quite easy to find a coin whose price dropped slowly for a longer period. Then at a very low price you could buy as many coins as possible and just wait. Mostly within a few days or weeks the pump appeared and you could earn x00%. Unfortunately, with such a large number of shitcoins as it is now it is very difficult.

[GucciBoy]

We'll see huge whales entering DEX's soon enough. If you got into BTC early, and want to trade without anyone knowing, a DEX is the perfect choice to move money around without exposing your identity.
Volume is the biggest hurdle right now, but adoption takes time.

Now, Imagine those who actually RUN these DEX's through masternodes. They'll make a KILLING off DEX fee's in the next coming years. I'm sure a project like Blocknet could become MASSIVE in terms of a passive income opportunity. For the first time in years, it's actually affordable to a human being to buy a masternode, which is my plan. I've got a few other projects in mind that I want to invest in as well.

[Chrystora123]

As you know , if you are trading at Dex you could easily see x100 pumps . After that pump, price down to usual point. So what is that meaning?  If any whale wants to collect the tokens, there are many better ways to collect them more cheaper. Any clue ? is that money laundring?

It's not money laundering but it'a actually their strategy to easily manipulate the market, making profit from the weak hands that already bought that particular shitcoin at its high price. It's not difficult to understand since what they are doing isn't difficult specially if that shitcoin is only available in one exchange only.

I agree with your opinion, they themselves are doing the "Pump" (the coin developer).  and tricks like this are no longer a public secret, I know this from an article, where written tricks what a large company do to attract buyers...  That developers or company manipulate by buying products (stocks, coins or other) that they sell and then re-selling when prices have gone up high.

[Pelunize12]

DEX has very low volume, it means no liquidity and whales are easy to do pump and dump in that exchange
whales just need few money to pump coins. and whales can get money by fooling the noobs
you should avoid that and invest in better coin and better exchange

Not always whales succeed with this type of pump&dump. With such a large amount of coins, it is difficult to hit the one that will be pumped, but earlier it was quite easy to find a coin whose price dropped slowly for a longer period. Then at a very low price you could buy as many coins as possible and just wait. Mostly within a few days or weeks the pump appeared and you could earn x00%. Unfortunately, with such a large number of shitcoins as it is now it is very difficult.

1. i didnt say that whales always success to PnD
2. it is not about total amount coins, but liquidity exchange
3. the fact is, high volume is more liquid than low.

[samuraijin]

As you know , if you are trading at Dex you could easily see x100 pumps . After that pump, price down to usual point. So what is that meaning?  If any whale wants to collect the tokens, there are many better ways to collect them more cheaper. Any clue ? is that money laundring?

Which DEX do you mean, if forkdelta or etherdelta is the same as buying a high-priced trash token, DEX works where all users can buy where the price you want to buy, for example you see the highest buyer price is 0.00005 ETH but I will manipulate the price there deliberately bought at a price of 0.002 ETH and only bought a small amount of funds, so what was recorded was the price of 0.002 ETH each token on the marketcap, so it looks like a pump even though there is no value at all, if there really is a pump on the idex or binance.org exchanges might just want to buy it as a long-term investment

[Ziskinberg]

As you know , if you are trading at Dex you could easily see x100 pumps .

Are you talking of short term or long term, because honestly, I never see a short term pump of 100x in any DEX.
can you point at least one example here?

After that pump, price down to usual point. So what is that meaning?  If any whale wants to collect the tokens, there are many better ways to collect them more cheaper. Any clue ? is that money laundring?

The meaning is simple, its a pump and dump scheme that we usually see in the market, its manipulation at its best
You should be aware and get used to it, if you understand the market movement, then for sure you can find a working strategy that will help you to be profitable trading in DEX.

[rijaljun]

As you know , if you are trading at Dex you could easily see x100 pumps . After that pump, price down to usual point. So what is that meaning?  If any whale wants to collect the tokens, there are many better ways to collect them more cheaper. Any clue ? is that money laundring?

I don't think that is a sign of money laundering. In my opinion, it is just a normal thing when people's buy bags of cheap shit coin and play pump and dump with those cause the capital needed to play with cheap shit coins is way more affordable than to play with popular coin.

[leavolnhals]

As you know , if you are trading at Dex you could easily see x100 pumps . After that pump, price down to usual point. So what is that meaning?  If any whale wants to collect the tokens, there are many better ways to collect them more cheaper. Any clue ? is that money laundring?

It is definitely money laundering action and DEXs are great places for it to do this easily. when our account needed only 12 seed phrases and we were able to start trading hundreds of thousands of dollars and no strings attached.
That is why DEXs last so long while transaction fees are expensive and the volume is low. Ideally, we should not use these types of DEXs, which is the playground of the shark.

[Flux0z]

As you know , if you are trading at Dex you could easily see x100 pumps . After that pump, price down to usual point. So what is that meaning?  If any whale wants to collect the tokens, there are many better ways to collect them more cheaper. Any clue ? is that money laundring?

It is definitely money laundering action and DEXs are great places for it to do this easily. when our account needed only 12 seed phrases and we were able to start trading hundreds of thousands of dollars and no strings attached.
That is why DEXs last so long while transaction fees are expensive and the volume is low. Ideally, we should not use these types of DEXs, which is the playground of the shark.

I'm convinced that we'll see way more like this in the future. There are tons of wealthy people who wants to move money around without anyone knowing about it, and it's the perfect place to do just that!
I'm sure that real DEX's will be used a LOT if we ever get full adoption of the blockchain technology. Millions of dollars will flow through the Blocknet DEX, Komodo's Atomic DEX etc. Just wait and see!

[tenakha]

As you know , if you are trading at Dex you could easily see x100 pumps . After that pump, price down to usual point. So what is that meaning?  If any whale wants to collect the tokens, there are many better ways to collect them more cheaper. Any clue ? is that money laundring?

Whales do it not to collect cheaply, but to sell at a high price. They buy the orders in the sales order book and reach a sufficient price. Afterwards, those with little experience are deceived into this game and want to take advantage of the price increase. At the same time, the whales start selling. If the plan is successful, it is possible to make a profit.

[Pearls Before Swine]

is that money laundring?

Oh you mean money laundEring?  Why would money launderers necessarily care about making huge profits on an exchange with crypto?  They wouldn't.  Money launderers only care about changing up their money, not gambling with what they've got.

It's the fucking money laundering which is marring the reputation of bitcoin, even if the same thing happens with fiat currency more so than with crypto.  Makes my head ache.

I'm convinced that we'll see way more like this in the future. There are tons of wealthy people who wants to move money around without anyone knowing about it, and it's the perfect place to do just that!

Yeah, great opinion!  You must be getting paid to post excellent opinions like this!

Lol.  The gov't is the worst offender of wasting taxpayers' money, and money laundering is a drop in the bucket.  The only reason why law enforcement goes after these people is because they're not paying the gov't a kickback in the form of taxes.  Fuck that.

[Twinkledoe]

As you know , if you are trading at Dex you could easily see x100 pumps . After that pump, price down to usual point. So what is that meaning?  If any whale wants to collect the tokens, there are many better ways to collect them more cheaper. Any clue ? is that money laundring?

Whales do it not to collect cheaply, but to sell at a high price. They buy the orders in the sales order book and reach a sufficient price. Afterwards, those with little experience are deceived into this game and want to take advantage of the price increase. At the same time, the whales start selling. If the plan is successful, it is possible to make a profit.

That's basically the reason of it and nothing else. They are doing the pump so when it comes to their time, they can dump it gaining a huge profit. They don't care if they ruined somebody else's savings as long as they are gaining money, that's all they care. That's why they are called whales.