[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 591 KB, 768x1024, Happens.png [View same] [iqdb] [saucenao] [google]
9673547 No.9673547 [Reply] [Original]

Can a non brainlet give me a good reason why whales buy out sell walls ATH?
How do they profit off that
example

>alt coin is at 5800 sats
>20 btc sell wall
>pussies start selling instead of buying
>whale buys out the wall
>it goes up 50 sats from there.... then dumps
>whale is left with a couple hundred thousand of coin bought at ATH

Why do they do this?

>> No.9673561

I know they obviously want to sell it higher but sometimes it doesn't pass that price for months

Seems like bullish whales just do the main work while the little guys wait then dump on them...

>> No.9673674
File: 205 KB, 500x728, 1368994651040.jpg [View same] [iqdb] [saucenao] [google]
9673674

pls respond

>> No.9673693

>>9673547
so ppl buy into their orders even more then they dump it after they have every 1s coin

>> No.9673695

>>9673547
So you know what wash trading is?

>> No.9673715

>>9673695
>buy into their own sell walls
Is that what i'm seeing.... i knew that
P smart.

>> No.9673742

>thinking 20BTC is a whale trade
Poorfag

>> No.9673754

>>9673547
Whale is buying into his own coins to trap the fish and dolphins. The algo is still making money when it looks like they're taking a loss

>> No.9673760
File: 347 KB, 1200x1600, 1381704752518.jpg [View same] [iqdb] [saucenao] [google]
9673760

>>9673742
for alt coins worth 1 - 5 cents....
And buying 20btc worth, you are def a mini whale on that coin

Fag