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Author Topic: Do whales manipulate the market?  (Read 1492 times)
ethereumhunter
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July 02, 2021, 09:41:16 AM
 #61

Somewhat yes. Their actions can influence the market at a certain level. People tend to follow the whales because it's hard to resist. Everyone is doing it so you'll follow. Do your own research and don't just hop on the train like everyone else.
whales can do everything because they have big capital to change the market direction. That is why it is important to read the crypto news daily so that all us as small and medium crypto traders and users have the idea when would be the time to make profit and make investments into the right coin.
I agree with both of you. The whales can do everything, but you should remember that the whales can not do that thing forever because their reason is just to make money. If we can follow the whales, we can also make money. If you think it is difficult to follow the whales, you can watch them while you can prepare for the next thing that might happen. That will be better than you force follows the whale's moves.

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July 03, 2021, 06:11:02 AM
 #62

I think some of them does but others are only doing what they want and people are only following them.
We don't know if they are manipulating or just doing what they want when they do something,
For example selling some of their crypto we don't really know if they really need the Fiat or just wants to create a wave to dump the price.

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July 03, 2021, 06:23:21 AM
 #63

I've heard that the largest bitcoin holders are only about 1000 peoples, they are control about 75% of the bitcoin stock, if this news is true of course they can manipulate prices as they like, and of course as long as they dominate then we are just like pawns.
if true, I'm not sure those 1000 people are real owners with ownership of 1 address for each person. because isn't it very possible that everyone has more than 1 address to store their BTC?
someone with great power could of course make the market move easily. Surely you have heard news related to BTC which can finally be unlocked from a wallet that has been locked for a long time. and then the BTC is sold to the market which makes the market very easily experience a big dump.

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July 03, 2021, 06:40:52 AM
 #64

Obviously yes, unfortunately the whales strongly manipulate the market when they sell they make the price go down but fortunately when they buy they make the price go up.

In deed, Whales manipulate crytpto market and it is happening so since 2015 , they use famous tactic of Pump and Dump because there are no regulations to prevent it and the other reason is its market cap is not as big as Forex or commodity market so easy for person with few hundred Bitcoins to play with the market as he likes. You can see many Flash Crash on charts, the scenarios happen when whale sells huge amount in a single order.









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July 03, 2021, 06:57:19 AM
 #65

I think some of them does but others are only doing what they want and people are only following them.
We don't know if they are manipulating or just doing what they want when they do something,
For example selling some of their crypto we don't really know if they really need the Fiat or just wants to create a wave to dump the price.
Whales are doing their job and that is to manipulate the market and rid those who follow them. They are actually making money as they want. Commonly, we've thought that manipulation is a crime but wait, many were benefiting from such a crime and the community is happy especially when whales do the dump.

Then to ask, when bullish and when bearish? It is actually the community asking for the whales to act what they want. And it is simple, the whales are playing some tricks with us. Well, those who could adjust the volatility of the market, will never complain, unlike the others.
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July 03, 2021, 07:02:40 AM
 #66

There's no wondering anymore, the answer is plain and simple; YES.
Why do they do it? Usually for their own gain.

When you know you can cause a dip and a bounce, you basically have free money
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July 03, 2021, 07:13:54 AM
 #67

I think it's quite obvious that they can manipulate the market and they have manipulated it so far. Because they own a great deal of coins. Whenever they buy or sell a huge amount, it affects the price of the coin directly.

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July 03, 2021, 07:15:09 AM
 #68

Take the example of Elon with his another tweet.
https://twitter.com/elonmusk/status/1410529698497630212
Look, with such following, likes and replies on that tweet. There's no doubt that he can manipulate the market for whichever cryptocurrency that he might chose to shill. But most of the time, he's with Dogecoin and now it's rare that he tweets something beautiful about bitcoin.
Nevertheless, they can manipulate it at any way that they can do. Like investing with billions of their fund, using social media platforms, putting it on the news and etc.
Manipulation is left for the big boys who own larger funds of the cryptocurrency market. It is easier to manipulate the market especially crypto if you have big share in the market just like Elon Musk, controlling the market would be very easy pumping coin into the market making it weak to fall coupled to social media influence which can trigger investors to buy more of a particular coin increasing it market cap and surging of the coin price.
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July 03, 2021, 07:41:28 AM
 #69

~
This is why a lot of people hate him already. Though I respect the guy for the inventions he made, but he just keeps turning people's head around and can't just shut up and buy without tweeting it.
I don't care what he thinks of any meme coins or even Bitcoin. I would buy when I want to.
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July 03, 2021, 08:43:32 AM
 #70

There are big investors who have invest quite a lot of dollar fund into bitcoin and some selected altcoin like ethereum polkadot etc.  These people can move the market at will. It is important to be aware of their move and study their in and out of the market.  Their actions or inaction will definitely influenced direction of the market and price!

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July 03, 2021, 09:01:56 AM
 #71

Whales can indeed operate in the market, especially when there is a concentration of chips in certain currencies. It will bring panic to retail investors and cause some retail and large investors to blindly follow the trend, resulting in a decline in the market and affecting the market. When a large amount of money flows into the market , There will also be a large number of retail investors blindly following the trend to drive capital into the market.
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July 03, 2021, 09:37:07 AM
 #72

Yes and they are doing it for a long time already.

The total market cap of the stock market is x50 or even higher than the crypto market and yet we can still see some market manipulation like what happened in AMC and GameStop.
A market with a market cap of only a trillion dollar is very easy to manipulate especially for those whales. Whales are doing this for the sake of money and there are some who gained profit from this too because they got the opportunity to ride the wave.

After all, we can't do anything with this but to accept it. Year by year, the market cap is slowly increasing but it will take a long time before whales can't manipulate the market or worse they can manipulate this market anytime they want too Cheesy.

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July 03, 2021, 09:50:19 AM
 #73

Whales still can manipulate the market. The market is easily affected when big amount of selling or buying happens. And I really don't know if this will change in the future and the market will become immune to these incidents too. But I don't think that it will change. Because it is related to demand in the end. When even one person buys a lot of coins, the market is affected positively as the demand increases.

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July 03, 2021, 10:04:54 AM
 #74

We asked, " Do whales manipulate the market"? They come and join crypto for a reason just like what we did.
I have money and I can make use of this to manipulate the market and gain profit. That is the whales.

Hearing such words MANIPULATION is not a new thing in crypto coz they are here in the market a long time ago and their existence makes the market so volatile. Many are getting mad because of manipulation, well, maybe we should but we can neither stop them. Actually, they are part of the crypto community and they have the right to do what they want as long as it never ruins the market image.


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July 03, 2021, 10:05:47 AM
 #75

I see many people wondering. Do whales manipulate the market?
I found website, it contains all the information about whale wallets we need to know:


Every market has a whale or group of whales that can and will manipulate the market to gain profit, these rich people became whales for nothing they did this on purpose so they can manipulate the market, one of the prominent whales right now who is creating FUD in the market  is Elon Musk, even in Cryptocurrency trading and investing are not fair and we the small fish have to go with the flow.

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July 03, 2021, 10:19:32 AM
 #76

Let's think about people in general. When a lot of people start buying or selling a great deal of Bitcoin or some other coins, the price starts being affected in some way. That's the same when it comes to whales also. They own a lot of coins. Whenever they decide to do similar things, the market reacts to those actions.

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July 03, 2021, 10:52:56 AM
 #77

Whales are the common reason why there's a bump and dump in the market because they're the only one as well that have a big contribution on the growth rate that's why they can easily manipulate the market. Wherein it's not because of those people who trade in my opinion because they can't swing the market easily, unless if there's a fuds that can convince a lot of traders to dump and can cause panic selling at the same time because it's possible to happen..
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July 03, 2021, 11:22:49 AM
 #78

Are you sure that's a whale's market or an exchange's market also I don't think the whales would control a market with a large volume, I think if the market volume is less than 1M I think it can be controlled by whale but with something like Bitcoin, Ethereum and other major coin I don't think the whales would be able to control it.
So you understand what manipulation and control is, I've seen a few influential individuals who have impacted this market. Or like the bans from the government, in fact, this market is still very small and not strong enough to not be affected by whales.

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Kadal Ijo
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July 07, 2021, 10:50:01 AM
 #79

I see many people wondering. Do whales manipulate the market?
I found website, it contains all the information about whale wallets we need to know:
https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html?fbclid=IwAR1Sswk63v4xVX58QdJFhlbzCA6hLNbRguJyimWXK7AfnR86go1kze7gJdg


Crypto is the power of money, as long as you have money you can control the price, and I'm not surprised if the whales control the price, and I don't think this is a problem as long as we make a profit from it.

viananda2525
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July 07, 2021, 11:56:44 AM
 #80

they do manipulate the market but to a certain level. there is a certainty that most whales got liquidated at some point because no one controls the market. Also, Not all whales are equal. some has more funds than others. the large whales might has some certain control but on one Is above mistake and they might loose there funds if they fail to follow normal TAs and FA.
eventhough whales have  huge fund  in market  but they could beaten by retail traders power too. no one could survive while the againts the trend and whales will be the victim and squeezed. We have important lesson from Gamestop in stock market, and it possible happen to cryptocurrency market. just look at how China fud market many times but market still alive today.

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