The secret behind $CLY, $LAW dumping

"The concept is fully conceptualized, since it is not possible to identify a person through a blockchain transaction ID."

12th February 2022

"I don't understand why the price of Bitcoincash goes down when the price of Bitcoin is dumped. Will this bitcoincash ever be free from the shadow of Bitcoin? Because bitcoincash is a self-contained network system, I don't think it has to be in the shadow of bitcoin. I believe that if it could build a separate network system on its own, it could do better than any other network. Anyway, at least I didn't go down without explaining myself first. I'm talking a lot without understanding. But that's not the point of my discussion, so let's get back to the topic I was talking about."

I think most of us who invested in $CLY know that, $CLY down to it's less than half from it's all time high price. Actually two whale dumped it.

The first person who is responsible for dumping the price of $CLY sells about 37k worth $CLY tokens. Which is the biggest dump since the pre-sale of that CLY. But today, breaking all previous records, a whale sold an estimated 84 million CLY token, valued at approximately 58K. Which brings the CLY token back to its original price.

In this case the Celery team which claimed that 75% of their L CLY tokens are already locked and this is an anti-dump technology is actually wrong or didn't work properly. Because there are very few people who have locked their $CLY token for 1 year to 5 year for 100% APR. Those who whale did it. When I talked about it in the group, others responded, but no moderator or admin of that CLY token responded. Maybe they were as shocked as I was. Anyway, let's talk about Law Token.

I don't know much about LAW tokens, but I do believe that LAW is a trustworthy token in smartbch defi. As the big whales invest here, they also reap huge profits. However, this is the first time I saw the biggest dump in Law Token 2 days ago. I saw it again today and it was much larger than 1st one. Around 150+ BCH.

Have you noticed a matter now? $ CLY and $ LAW were sold on the same day. I don't know if it's the same time because the dexscreener website shows the date but doesn't show the time. Now let's tell the real story. $ CLY, law, only one of the reasons for the biggest collapse of these two tokens. But who is that person, I can not give his identity. And it is forbidden to give identity.

However, as far as I have seen, if the guess is correct then the law token responsible for dumping the token locked it without any reason. For which he got a little angry and decided that approximately 300+ BCH he would withdraw from smartbch.

The results of which we can see with our own eyes. His withdrawal has dropped 5% on the entire smartbch. Small investors like us have to pay a high price. Although I suffered the most. Because I had 95% investment in that CLY token. Because I believed that where 75% of tokens are locked, that means whale can't eat our small investment. But in other tokens easily whale eats small investments.

It has become difficult for me to accept the matter. Because my investment from approximately 3 BCH has now reached 1 BCH. This 3 BCH I collected with a lot of effort from noise.cash, read.cash, Lazyfox.io. Now if that CLY can't recover his loss then maybe it will be the hardest thing for me. However, it is hoped that the number of whales on the smartBCH platform will increase day by day and the price of all tokens will start increasing.

That's for today, hope you like my content. If you do, please uovote, comment and subscribe.