Dump
« Back to Glossary Index« Back to Glossary Index
Categories: Cryptocurrency
A dump is where a substantial amount of cryptocurrency is sold off in quick succession, often by a whale. In some cases, these sell-offs will drag the price of an asset downwards. The term often goes hand in hand with a pump and dump schemes, which are almost always associated with fraudulent activity and an attempt to artificially manipulate the price of a cryptocurrency.
Dump (Wikipedia)