How about the little revolution on centralized exchanges (CEX)?

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How about the little revolution on centralized exchanges (CEX)?

Dear crypto Reddit,

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Do you remember the story where the bank cannot return all the money if everyone wants to withdraw it simultaneously?

Recently at a party, I met one of the developers of the unnamed centralized exchange. We talked about manipulation by the exchanges, and he told me an interesting fact.- Exchange bots use our coins and stable coins to move the price up and down, triggering stop orders and causing liquidation!🀬

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Do you know what will happen if we put all our spot assets up for sell and buy? πŸ€”

Bots will not be able to use our coins to manipulate the coin price!

I'm talking seriously! 😎

If everyone reserves their assets on the exchange by placing buy or sell orders, bots will lose liquidity to work. πŸ˜‚

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🚨🚨HERE'S THE PLAN (Please share it)

Create sell orders for each coin (cryptocurrency) you have.

Use any sale price, $100,000 or $1,000,000. It doesn't matter!

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Place an unused US dollar or US dollar to buy something, like Bitcoin, for $1!

The price doesn't matter!

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The point is to reserve coins in the system(orders) so that exchange bots cannot use our cryptocurrency for manipulation! πŸ”’

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Theory.

If we create sell orders for coins but leave USDT unused, this can cause an unprecedented pump. πŸ“ˆ

Create a liquidity crisis with your own hands! πŸš€πŸ˜

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#CEXcontrol

submitted by /u/sisan9179
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