I will explain this
When you see stuff like this, 99% of the time the coin is controlled by a cabal group and they are dumping it from side wallets.
These wallets serve as a supply control, so the cabal is safe nobody else will dump and make them lose money. Also it’s a decoy to serve as a “conviction wallet”.
With every significant coin pump the cabal sells, from $5k up to $20k sells, depending on the liquidity, sometimes even more. This is again with every pump.
I saw this way too many times in 2024 and I see the same plays happening now in 2026 on Robinhood probably from the same cabal groups.
They are not active on CT or rarely you see them post about the coins and by looking at their profiles you would have never guessed its them.
Today’s dump resulted in the biggest liquidation since 2021. I would like to present a microstructure view of this entire situation. As always, this thread is full of insights, charts, and comments.
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Korea declared Martial Law. It was one of the most spectacular trading events I've ever witnessed in my trading career. I've prepared detailed explanations of what exactly happened in the market and why it was so different from any other event. If you enjoyed it, please retweet!