#VIRTUALWhale
How do whales lose millions in the crypto market?
📉 One whale lost $5.02 million (-36%) on VIRTUAL coin earlier this month, but he bounced back strong! 🚀 He transferred 4006 ETH (about $10.9 million) to a new address and spent 419 ETH ($1.14 million) to buy 1.049M VIRTUAL at a price of $1.09 per token.
🤔 The question is: why come back after such a loss?
✅ Some whales have long-term strategies and try to exploit market volatility to their advantage.
✅ Others may have insider information or plan to pump the coin again.
✅ Sometimes, these moves are used to lure individual traders into a trap.
⚠️ Beware of market manipulation! Price manipulation, wash trading, and planned pump-and-dump schemes are part of the game. Don't be the next victim!
📢 What do you think? Is this a smart maneuver or a risky gamble? 🤔💬