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Can someone explain how the price did not dump with this huge sell preassure in a small timeframe? Looks like the team is controlling the price from falling down and the whales that bought at 4-7$ can sell it for an average of 66$. Just a transactions was about 20k egld and the price is still controlled. Any explains ?
@elrondtrader ask there
I assume that it was seen by people on CEXes as an unnatural event, not driven by normal patterns or fundamentals.
Learn how an AMM Dex works and you'll understand why your point doesn't make sense