高山仰止_eth
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$TRADOOR Don't rise anymore, I can't hold on
After doing some research, I can basically confirm that this project is a typical domestic scheme.
This malicious liquidation method is very consistent with the common trading patterns seen in Malaysia. European and American institutions generally do not dare to operate this way— the risks are too high, and if something goes wrong, they will be dealt with directly; those who dare to do this are mostly teams familiar with the gray tactics in Southeast Asia.
As for how this violent attack is accomplished?
The core lies in weak liquidity. Their primary market spot trading volume is extremely low, for instance, the liquidity is only 1 million USD, and the sell orders are even only 200,000 USD. Under these conditions, the operator only needs to place a large sell order at a price of 5.0 to artificially set a price ceiling.
When they are ready to carry out a "liquidity attack," they will directly use market orders to sweep all the sell orders in the market, consuming all the way to their own 5.0 sell order. This way, the first round of price increase is completed. Subsequently, they will continuously distribute from 5.0, crashing down to their preset bottom, and then place large buy orders there.
The final effect is a typical "needle + diving."
In the futures market, this kind of trend is almost devastating: both longs and shorts will be liquidated simultaneously, with no room for response.
I want to emphasize that this type of trading method is essentially illegal or even unlawful. It's just that in Malaysia, this kind of gray play is almost unregulated, combined with the overall lack of order in the cryptocurrency space, which is why they can act recklessly.
After doing some research, I can basically confirm that this project is a typical domestic scheme.
This malicious liquidation method is very consistent with the common trading patterns seen in Malaysia. European and American institutions generally do not dare to operate this way— the risks are too high, and if something goes wrong, they will be dealt with directly; those who dare to do this are mostly teams familiar with the gray tactics in Southeast Asia.
As for how this violent attack is accomplished?
The core lies in weak liquidity. Their primary market spot trading volume is extremely low, for instance, the liquidity is only 1 million USD, and the sell orders are even only 200,000 USD. Under these conditions, the operator only needs to place a large sell order at a price of 5.0 to artificially set a price ceiling.
When they are ready to carry out a "liquidity attack," they will directly use market orders to sweep all the sell orders in the market, consuming all the way to their own 5.0 sell order. This way, the first round of price increase is completed. Subsequently, they will continuously distribute from 5.0, crashing down to their preset bottom, and then place large buy orders there.
The final effect is a typical "needle + diving."
In the futures market, this kind of trend is almost devastating: both longs and shorts will be liquidated simultaneously, with no room for response.
I want to emphasize that this type of trading method is essentially illegal or even unlawful. It's just that in Malaysia, this kind of gray play is almost unregulated, combined with the overall lack of order in the cryptocurrency space, which is why they can act recklessly.
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