Manipulations with p2p market in UK!

Hey everybody ????

I've observed a bizarre development in the UK P2P crypto market (particularly on Binance). There's this dealer — or perhaps a gaggle — who keeps posting lots of of micro trades per day, offering very low prices for USDT (typically 0.71 GBP/USDT), with tiny out there amounts like 100 USDT, and rotating between multiple accounts (Romchik_b20, b26, and so on.).

They’ve finished hundreds of trades, all the time seem at the prime with the bottom worth, and seem to have accounts on every UK financial institution (Monzo, Starling, Lloyds, and so on.). It’s actually messing up the P2P marketplace for the remainder of us — we will’t compete at these costs, they usually’re principally flooding the listings.

I’m wondering: - What’s the actual point of this strategy? Is it simply arbitrage? - Are they operating bots/scripts to auto-post costs? - How do they stay beneath the radar of UK banks with so many transfers? - Is this a recognized challenge or grey-hat trick used in the UK market?

Would love to hear your insights, particularly for those who’ve seen this pattern earlier than.

Thanks prematurely ????