Today someone took a screenshot saying that a big player Alpha traded 12 million KOGE, so what should we small investors do?
Did the big player lose 5000u just for that 24 minutes? Are big players fools who don’t count costs, or what? Do they really think it’s a joke?
Binance wallet display defaults to sorting by trading volume, and the size of the trading volume determines the ranking display of the coin. Coins with higher trading volumes displayed first give the impression that the project team is strong.
So the 12 million is to make the trading volume of the coin look good, luring you to invest in this coin.
Shouldn’t Binance take action against this kind of self-manipulated trading volume?
Observation address: 0x47832c2fc98a4e884555407aeabc5ce519d4e70e