Binance Faces Market Manipulation: It’s Time for Change! 🔥
Traders on Binance are growing increasingly frustrated. Large orders appear in the order book, shift prices up or down, and then vanish without a trace. Is this a sign of manipulation at play? The truth is, big players and bots are using these tactics to push markets in their favor—leaving smaller traders to pick up the pieces.
The Deceptive Tactics Ruining the Market:
Spoofing: A strategy where massive fake orders are placed to create an illusion of market direction. As soon as the price moves, the orders are pulled, leaving traders stuck.
Wash Trading: Fake buying and selling to pump up trading volumes and create misleading price movements. It’s a classic move to mislead traders into thinking there’s more market activity than there really is.#BTCXmasOrDip? $BTC