$XRP ⛔⛔ STOP FUTURES TRADING ON BINANCE ⛔⛔
Market manipulation on Binance at its finest.
This is the 1 Minute chart for XRP and BTC.
They both dump exactly at the same time in massive volumes. EXACT, SAME, TIME!
These are not whales or institutions sitting there in a chat session going "1,2,3 GO DUMP NOW".
These are sophisticated bots that operate across multiple tokens, with a warchest of $100ms.
Wouldn't surprise me if it was
Binance themselves doing this. I mean who is watching them? No one. No one reviews trades, cross match against order books and users.
Retail and anyone trying to trade this to make profit short term is either gambling or using bots themselves.
This is insane, no wonder everyone gets rekt, you buy, it dumps. You sell, it pumps.
The only way to participate IMO and win is HODL, just don't sell until you make large profits over time.
And from now onwards I'm not going to place any future trade on this platform anymore.