Dumping refers to the rapid selling of a large amount of cryptocurrency, usually by investors or traders. This act can lead to a significant decrease in the asset’s market price. Typically, when an individual or group holds a substantial quantity of a coin, they can influence its value by selling off their holdings at once. This sudden influx of supply can outpace demand, driving prices down. Dumping often occurs after a price increase, especially if investors want to cash in on their profits. It can also be a strategy employed by some to create panic among other holders, prompting them to sell as well, further lowering the price.Market manipulation or coordinated efforts, such as “pump and dump” schemes, can exacerbate dumping. In these cases, a group may artificially inflate a coin’s price before selling off their assets for profit, leaving other investors at a loss. It’s essential for investors to remain cautious and conduct thorough research before making decisions, as dumping can lead to market volatility and unpredictable losses.
Avalanche Treasury Co. to Go Public in $675M Deal With Mountain Lake Acquisition
Avalanche Treasury Co. (AVAT), a digital asset treasury company aligned with the Avalanche Foundation, said Wednesday it has agreed to