⚠️ ATTENTION EXTREMELY HEAVY SUBJECT FOR THE “Lettuce Hand”😵⚠️

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▶️ WHAT ARE WHALE BAITS IN THE WORLD CRYPTO❓❓❓❓❓❓❓❓❓❓❓

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"Whale baiting" in the context of the crypto world generally refers to a strategy used by large investors, known as "whales", to manipulate the market or influence the price of cryptocurrencies. These large players buy or sell large amounts of an asset, creating a false impression of demand or supply. This can lead to price movements that attract smaller investors, who end up "falling into the trap" and carrying out unfavorable operations.

For example, a whale may make a large announcement of a sale of a cryptocurrency to cause a temporary drop in the price. This attracts smaller investors who, upon seeing the price drop, decide to sell their positions, allowing the whale to buy back the coin at lower prices. The price then tends to recover, and those who bought the coin at low prices end up making a profit, while small investors suffer losses.

These practices are a form of market manipulation and, although not always illegal, they are often frowned upon as they create distortions in the market and can harm less experienced investors.

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