"technically the whales didn't dunp the coin to shit, it dunp'd itself"
Conversation
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oof
interested in some examples (feel free to DM me too)
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how can you say whales have nothing to do with prices of crypto assets going down? :D that just sounded cringe and reminded me of something CZ could have said ;)
but I appreciate your answer; CZ would have blocked me directly ;)
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hehe ;)
Yeah to be fair sometimes it *is* the whales.
But usually it's not.
Also, when it is "the whales", I'd guess it's not usually a coordinated effort. The biggest "the whales" sell-off is when a bunch get liquidated :P
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yes, in most cases it is of course not a homogeneous unit of whales that coordinate this. I agree with you there.
but at the end, most sell offs are triggered by larger players, not the retail traders with 1k$ stacks, or no
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hm I think that's only sometimes true.
Often I actually think the large players sell *last* -- the last to get liquidated.
The first sell-offs usually start when retail sentiment turns and they go from buying to selling.
There are some exceptions obv.
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yeah maybe I have a 'wrong' view on that. will think about it and dig into some data
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FWIW I could be wrong on some of this -- particularly it's sometimes hard to distinguish "a large directional hedge fund" from "a bunch of directional retail traders".
But it's rarely liquidity providers.
Sir pls tweet about sushi my daughter poor Anastasia she needs shelter pls help
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