🐋 Whales Are Active

The alleged price manipulation turned out to be true. $BTC $SOL and $ETH are being manipulated by the Whale group. This movement is what is causing panic in the market.

The address of #Wintermute sent a large amount of Solana to sell, when the price dropped because everyone was also panicking, they bought back at the lower price. This transaction was repeated several times.

This manipulation has been going on since Jan 28, Address #Binance Hot Wallet has sent $275.8 million to #Wintermute (Bitcoin, Ethereum and Solana). While $32 million in Stable coin assets. They have dumped $250 million in crypto into the market.

Other crypto exchanges have seen this and taken advantage of the moment to buy $262.3 million for all Stable coins.

All these chart analysis are destroyed and useless. Even economic data is not valid for this week, because the Whale group is still active. Money moves the market, not your baseless analysis.

What to do? Buy with Spot market, apply DCA. Don't panic! The price crash is not 100% due to the Whale, but all crypto owners are selling together because of this panic.