Dump

« Back to Glossary Index

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.

« Back to Glossary Index

Check Also

safe-computer

Safe Computer For Crypto Trading Is Important, Get It Now!

Having a safe computer is extremely essential these days in order to stay away from …

AdBlock Detected

Looks like you are using an ad-blocking browser extension. We request you to whitelist our website on the ad-blocking extension and refresh your browser to view the content.