#Dogecoin‬⁩

Whales' Clutches: When Big Money Gobbles Up Small Investors

In cryptocurrency markets, large entities are known as "whales" for their ability to move prices with massive amounts of money. Large sell-offs by these whales often cause sharp declines, prompting smaller investors ("small fish") to sell at a loss for fear of further losses. Whales may exploit these declines to buy back at a lower price.

Their tactics include "pump and dump," where they artificially inflate a coin's price and then sell it at a profit, and "sell walls," creating the illusion of price resistance to encourage others to sell. The lack of regulation exacerbates the problem.

To protect themselves, small investors must learn and research, diversify their investments, and exercise patience. Understanding the movements of these "ruthless whales" and implementing wise strategies is essential for survival in these volatile markets.