#NewsAboutCrypto
🚨 ETH is currently facing price manipulation by market cartels. Here’s how it works: they first buy Ethereum on the spot market to drive the price slightly up. At the same time, they open large short positions in the derivatives market, betting the price will drop. Once they’ve built these positions, they quickly sell off their spot ETH to trigger panic and a price drop. This creates fear, causing others to sell too.
Though they lose a bit on the spot sales, they profit massively from the short positions.
Stay calm and don’t let these tactics shake you out!
