The perfect strategy for how to "shave a hamster" ⠀
We all know that big players in the market (whales) like to conduct certain operations to make money while trapping ordinary users (hamsters). So how does this happen?
Here's an example on meme-coin Pepe:
Pepe is
listed on Binance while the token is at its highest values. For what purpose?
Need the volumes so the big guys can unload their bags (sell the Pepe tokens they have). On other exchanges they simply would not have enough liquidity to sell. And listing on Binance immediately generates a lot of noise, thus attracting a large amount of liquidity.
At the same time
futures are launched.
A futures is a contract in which the seller undertakes to deliver the underlying asset to the buyer at an agreed price and at a specified time in the future and the buyer is obliged to buy back the subject of the transaction.
Now turn on the visualization and your imagination. And also imagine this profit from the following actions:
Whales go into futures and
get into shorts with leverage.
Go into Binance and
sell their Pepe bags on the spot.
What we gain?
Simultaneously open shorts and simultaneously dumping their huge bags. It's scary to imagine what the profits could be.
dump their bags;
made a profit on the short.
So you understand, right? A man simultaneously dumping his spot and simultaneously pushing his price into a profit on the short.
How genius! That's it.
Put if you want to make such schemes, too
Crypto_Ocean
