It’s Friday night. TradFi’s asleep, your mates are out overpaying for cocktails, and crypto? Crypto is wide awake and misbehaving.
Weekends are weird. Liquidity dries up, order books thin out, and suddenly a single wallet sneezes and the market catches a fever. Enter the whales—those deep-pocketed players who love weekends precisely because no one’s watching. A slow sell here, a violent buy there, and boom—price whiplash.
Let’s set the scene: imagine a whale shifting $100 million worth of a top coin—say, something like Ethereum—on a Friday night when market volume is a fraction of the usual. One well-timed order and you’ve got a sudden spike or a dive that shakes up the chart for hours, or even days. But why? Because they know that weekends are the perfect playground to make waves without getting caught in the spotlight.
So, what do you do when your phone pings at 2 a.m., and you see a coin you hold up 15% with no clear catalyst?
Don’t chase. Weekend pumps are often bait. The whales aren’t trying to make you rich. They’re moving their coins and using you to inflate their exit price.
Don’t flinch. Dumps aren’t always doom—sometimes they’re setups for the next leg up. Keep your cool and wait for confirmation.
Watch the whales. Use whale trackers, follow the flows. It’s not just about catching the big moves; it’s about knowing when you're being played.
Because if your phone pings at 2 a.m. and SHIB’s suddenly up 12%... that’s not a bull run. That’s probably just Carl from Singapore moving $20 million for a laugh. Be smart, stay vigilant, and don’t let FOMO get the best of you.