0 оценок0% нашли этот документ полезным (0 голосов)
111 просмотров5 страниц
By pooling our resources, we can negate the outsized influence that whales have on the cryptomarkets. Read the White Paper and contribute to the Cetus Fund today! -------------- Contribute BTC: 1GYwbusyZvu2XaJNTdS2DjPM57f8LGY7t9 Contribute ETH: 0x5edF28856950c7F7ea743EDfc91593dDF2505467
By pooling our resources, we can negate the outsized influence that whales have on the cryptomarkets. Read the White Paper and contribute to the Cetus Fund today! -------------- Contribute BTC: 1GYwbusyZvu2XaJNTdS2DjPM57f8LGY7t9 Contribute ETH: 0x5edF28856950c7F7ea743EDfc91593dDF2505467
By pooling our resources, we can negate the outsized influence that whales have on the cryptomarkets. Read the White Paper and contribute to the Cetus Fund today! -------------- Contribute BTC: 1GYwbusyZvu2XaJNTdS2DjPM57f8LGY7t9 Contribute ETH: 0x5edF28856950c7F7ea743EDfc91593dDF2505467
Cryptocurrencies are still in their infancy. While cryptocurrencies currently represent $100bn in market capitalizationa massive increase over the last several yearsthis is still several orders of magnitude smaller than mainstream markets like stocks ($69tn) or bonds ($82tn). This means that cryptocurrency markets are highly susceptible to market manipulation by whales, early investors who have accumulated disproportionally large holdings relative to the total available supply of a given cryptocurrency.
Market manipulation by whales often takes the form of massive buy walls and sell walls on major exchanges, where the whale places orders on the book worth hundreds of thousands or even millions in fiat currency. These walls artificially prevent organic price action and are harmful for a tokens price ecosystem.
For example, a large sell wall can work to keep a currencys price artificially low, since any bullish momentum will be stymied until buyers can purchase their way through the sell wall. This allows the whale time to accumulate the currency at an artificially low price before removing their sell order from the book, consequently removing any price resistance and allowing the price to shoot up. Conversely, a large buy wall can provide artificial price support, allowing the whale to sell off a toxic asset at a higher price before removing their buy order and allowing the asset to crash.
This is bad for the cryptocurrency ecosystemaverage investors caught in the middle of whale movements are at substantial risk of irrecoverable losses.
SOLUTIONS
Serious institutional investing and, most importantly, market makers will eventually negate the outsized influence that whales can have on individual cryptocurrency markets. However, these solutions are still a long way off, with cryptocurrencies only representing a fraction of a percent of worldwide financial markets. In the meantime, we need something that can protect the average investor from market manipulation. Currently, the only thing that can fill this role is another whale.
In other words, we need the whale crypto deserves. A silent guardian of the markets. A watchful protector A Dark Whale.
METHODOLOGY
Cetus plans to counteract market manipulation by serving as an independent counter-whale in major cryptocurrency markets. With a large enough fund, Cetus can strategically negate the influence of other whales at key moments during market movements.
For example, let us imagine a dApp cryptocurrency during a period leading up to a public release announcement. A whale may want to artificially suppress the price of this currency so they can accumulate at a low cost. A large enough sell wall can easily accomplish this, forcing the price to remain artificially low and creating a significant amount of pent-up bullish momentum. A targeted purchase of the entire sell wall by Cetus can remove the artificial resistance to price movements and allow the asset to take its natural course upward. Conversely, a whale with insider knowledge can artificially stave off an impending crash while they liquidate their position, leading to a sudden and dramatic price drop as soon as the buy wall is removed. Again, here a targeted sale into the artificial buy wall can be used to negate manipulation: without the presence of the whales buy wall, indicators pointing toward an impending price drop will become clear, allowing investors to get out before its too late.
The presence of an independent agent dedicated to counteracting whales benefits the entire ecosystem, as it creates a more stable and efficient market that can operate according to the rules of human psychology and market fundamentals. In the end, strategically negating the manipulative influence of whales means the average investor can invest with increased confidencea more efficient and predictable market means more profits for everyone.
WHO WATCHES THE WHALES?
Cetus will begin operations in Bitcoin and Ether markets, but the team is open to operating in other markets if there is enough demand and sufficient capital raised. Contact us at cetusfund@gmail.com with questions, comments, or suggestions for market expansions.
Its time we reigned in cryptocurrency market manipulation: with your help, we can remove the negative influence that whales have on cryptocurrency markets. Contribute to the Cetus fund today!