Is this the waves thread? No, so take your surfboard and ride the wave to the other thread.
It seems that a Lisk whale is putting on sell pressure on Polo. I have been observing the whole day today. Anytime lisk starts to rise, the same sell orders pop up and get removed before they get fulfilled. It seems that someone wants to buy more cheap lisks before the news comes in
It seems that a Lisk whale is putting on sell pressure on Polo. I have been observing the whole day today. Anytime lisk starts to rise, the same sell orders pop up and get removed before they get fulfilled. It seems that someone wants to buy more cheap lisks before the news comes in
Whale manipulation 101
Yep, I've seen it too.
perhaps there's a concerted effort to suppress the price down until after the Waves launch on 14th June(?)
What would be the motivation to do as you suggest? Cui bono?
by keeping the Lisk price artificially down with fake sell orders until 14th June investors in Lisk who exited for Waves will hope to reinvest their Waves profits back to Lisk at their Lisk exit price. selling Lisk at .0006 and buying back later at .0008 is not ideal. keeping Lisk at .0006 (or lower) is a perfect scenario. basically they want their cake and eat it.
