OpenCoin🕊️|Mar 29, 2026 12:48
The whale wanted to offload these $30K worth of tokens, so they literally chopped it into hundreds of $10 'meat scraps'
Everyone, take a look—this is what you call an extremely patient 'exploiter.'
Two days ago, this address withdrew over 13 million JCT from Bitget, and everyone thought the big player was about to set up a classic pump-and-dump scheme.
But nope, turns out this guy set up a literal money shredder on-chain.
Starting 8 hours ago, they’ve been dumping $10, $20 at a time into the pool. Can you believe it? Over $30K worth of tokens, and they’ve been dumping $10 per second, doing it over 450 times, just to cash out a little over $8K.
They’d rather pay hundreds of Gas fees than dump it all at once and scare off the market—classic 'slow and steady, boiling the frog in warm water.'
Against this kind of emotionless token-dumping machine, do retail traders even have enough liquidity to fill the gaps in their teeth? See you in the comments!
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