It is true that TF is the largest bag dumper during the bull season. This is due to the fact that it is sent to grants receivers who then dump them on the market. This large amount of tokens flooding the market causes a significant amount of downward pressure on the price. The large number of tokens being dumped can cause a significant amount of volatility in the market, which can lead to a significant drop in the price of a given asset. This can be especially damaging to smaller market cap tokens, as they can suffer the most during these times.