A dump is a place where a substantial amount of the cryptocurrency is sold off in quick succession, often by a crypto whale. In some cases, these sell-offs will draw the price of a crypto asset downwards. This term is often spotted going hand in hand with the pump and dump schemes. These are almost always associated with fraudulent activity and an attempt to artificially manipulate the price of a cryptocurrency. Dumping in this regard is termed a collective market sell-off that occurs when large quantities of particular crypto are sold in a short period of time.
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