$SOMI how whales accumulation work ?

Let’s say you are a whale and accumulated a lot of somi at 0.29 - the price went up to 0.34

You sell big amount in one time in large chunks - not that huge to destroy the market but not that small also to keep the price

Please note that when they accumulate they don’t accumulate big amount in one time as they do while selling - they place many small limit buys

They keep the price sideways for long time to purchase in several transactions smaller amounts

Now, when you sell big amount at once, the price goes down noticeably with red candles, and weak hands panic and Sell

So the price come back again to 0.29 and you start to accumulate again and repeat