We often heard about market manipulation in crypto market. It can be true for small cap, or coin that issue by exchange or for the token where most of that token hold by team. But we also heard it about Bitcoin and etherum, when price fluctuate in large scale. I don't understand how these large cap coin can be manipulate, when these coin are well distributed and decentralized?
I think it is not true, no one can prove that it is really manipulated by any group of people company or corps, it is only goes down and pump again because of some investors large or small do buy and selling, that is why there is a movement of the price depending on the volume of selling or buying pressure, i think manipulation is just a theory base on what people think and not on the reality.
Why manipulation is not true? like just imagine if you are a owner of a project and your team is holding 30% coins in total supply, if your team is start selling all of those coins, that will not be highly reflected in the coin price? of course price will be crash, so it's simple thing about market manipulation which is very much true.