RE: LeoThread 2025-09-18 11:20

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Intensive washtrading on the LSTR price on Hive Engine. Be careful.
Not funny at all.

leofinance
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🎉 Thank you for holding LSTR tokens!

Your post has been automatically voted with 6% weight.

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what is "washtrading" ?

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Wash trading is a market manipulation practice where an individual (or group) simultaneously buys and sells the same financial asset—such as a stock, commodity, or cryptocurrency—to create the illusion of higher trading volume or activity.

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They described perfectly in the thread :-)

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Wash trading is a market manipulation practice where an individual (or group) simultaneously buys and sells the same financial asset—such as a stock, commodity, or cryptocurrency—to create the illusion of higher trading volume or activity.

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Some people were being funny buying 0.001 LSTR at a high price. Most of the current trading activity is actually market making (providing a bid and ask for those who wish to buy or sell).

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