Zhu Su reported that some large owners of significant amounts of cryptocurrency are employing a "spot sell/long options buy" strategy, prompting market makers to act in the opposite direction. Subsequently, these large players deliberately allow long perpetual options to be liquidated, thereby obtaining a more advantageous exit method than direct market selling.
Meanwhile, crypto investor VIKTOR noted that the market value of many tokens may be artificially supported at high levels. He cited the example that the market value of the ACT token dropped from 200 million USD to 100 million USD in just a few minutes, and then continued to fall to 60 million USD, evaporating about 70% of its market value within 24 hours.
This incident again raised concerns about price manipulation and the authenticity of market values in cryptocurrencies, sounding an alarm for investors, reminding them to pay attention to possible artificial market interventions.$ACT