peaceful_revolt on Nostr: The "what" is evident to me: there is active price manipulation right now. The "why" ...
The "what" is evident to me: there is active price manipulation right now.
The "why" seems likely either they are chasing short term gains or suppressing price to stack more. Not sure which is more likely or if there are better explanations, which I would love to hear.
The "how" is what I really would like to know. Are they playing a shell game where they sell to themselves at artificially low prices? If so, how does that even work in an open marketplace? Is it some other mechanism?
Some of the dead-flat price lines and batshit nonsensical consolidation transactions make me wonder how people have this much money to burn on price manipulation, which is probably not even the right question.
Published at
2024-06-11 04:47:00Event JSON
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