Dump

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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)

Dump generally refers to a place for disposal of solid waste, a rubbish dump, or landfill. The word has other uses alone or in combination, and may refer to:

  • Midden, historically a dump for domestic waste
  • Dump job, a term for criminal disposal of a corpse
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