Whales are using bots to put up sell walls, and buying anything underneath them instantly. Couldn't compete with them last night, only way to buy in was either put in buy orders, or chunk their sell walls
That's how trading works.
You need to keep up with them, otherwise, you will lose.
And the thing is, you can't keep up with them.
That's the reason why whales are becoming bigger.

Even if the project has no tangible product yet, if they are willing to pump it. They will.