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📝 A bit of theoretical knowledge
The crypto market is set up just like any other market
An elementary example with a grocery store: you buy goods that have gone through several rounds of markups, starting from the manufacturer of the goods, ending with the markup of the store itself, which includes advertising, employees' salaries, and payment for utilities
The one who makes money in the grocery business is the one who sells their goods wholesale to this very store. Аll the profits go to him, to the one who was at the origins of a particular product
Exchanges work in the same way, coins get there after listings, before which there is a crazy hype, an advertising campaign is conducted, strong mass media are connected - all this is done just so that you, as the end buyer, buy the product, in our case - a coin
But who sells it to you? This is the most interesting part. It's not the exchange, not the market maker who sells it to you. It's the one who owned it even before it was listed on the exchange. The one who saw and recognized the trend long before the first mentions in the media.