Lesson Two:

How to Identify Strong Whales in DEV
1: First, we determine what a conspiracy group is and how to profit from it
First, let's look at this chart. DEV has been fully bought up, proving that all the chips within 60K of the internal market are held by one whale. Should we choose to participate in this kind of market? Such a market might have profit potential but also carries high risk. Most of the time, the market stabilizes between 80K and 100K, with the whale executing wash trading to offload. When most of the selling is done, this kind of market is basically dead. For such cases, consider not pushing the price high at the open, but instead pulling back to around 40K before making a decision. However, don’t chase profits if you see a diamond pattern—run.
Another situation that also belongs to conspiracy groups is shown in the chart below. If two similar markets appear not long apart and DEV has been fully bought up in both, then the second market is likely manipulated by the group itself. How to tell if it’s a self-manipulated market? First, we can see directly from the wallet addresses. If the price is around 500K, it corresponds to 200 to 300 wallet addresses, with about 80% of them being self-manipulation. For example, in the chart below, can we profit from this? Of course. There are two strategies: first, choose a price between 100K and 80K, or buy at the open. Then, consider the capital amount. If you want to double your money or make a 50% profit, you can slightly increase your funds and exit once the target is reached. The second method is small capital chasing high leverage. Usually, the minimum is around 200K to 500K, sometimes around 1M. You can use a small amount of capital to gain high leverage profits.
All of the above are markets manipulated by conspiracy groups.