Much like that. In crypto, the 'whales' (big money) dump to drive prices down then rebuy cheaper after the slide when demoralized small fish sell off. In the other side of this, whales buy some at ridiculous prices to drive market hopes up then sell tons to the fear of missing out (FOMO) masses. After the whales halt, the market drops and the 'retail investors' are left holding the bag.
Much like that. In crypto, the 'whales' (big money) dump to drive prices down then rebuy cheaper after the slide when demoralized small fish sell off. In the other side of this, whales buy some at ridiculous prices to drive market hopes up then sell tons to the fear of missing out (FOMO) masses. After the whales halt, the market drops and the 'retail investors' are left holding the bag.
70+ % of all trading on all exchanges is bots.
Guess this is news to college freshies.
Welcome to 21c.
Exactly. Has been for years.