The top 10 wallet addresses include 7 "whales", who made 40-100 times their investment at a very low early cost. The largest trader dumped $36 million worth of assets all at once, directly shocking the market and turning exchanges into harvesting grounds. After Binance was launched, nearly 20% of SATS were deposited into exchanges. Initially, large funds attracted retail investors, but once the retail investors entered, they suddenly cut off buy orders, causing the price to collapse. It's all just speculation. They say it's "a tribute to Satoshi Nakamoto", but in reality, there isn't even a serious application. Compared to similar projects like Ordi, SATS can't even present a technical upgrade roadmap. The hype has passed, revealing the truth: Last year, it rode the wave of Bitcoin's halving, and now everyone realizes it’s just a paper coin. After the market cap reached $1 billion, funds have fled to play DeFi projects that actually generate returns. The trading mechanism is riddled with hidden dangers. Leverage is exploding: As soon as Binance's contracts were launched, someone opened a 25x leverage position. A slight price correction triggered an $850 million liquidation, causing the price to fall further. The technical indicators are a scam: K-line breaks through key levels to attract speculative buying, but by the time retail investors enter, the RSI is already overbought. The whales short-sell, and algorithmic trading automatically follows and drives the price down. The external environment is worsening: The Federal Reserve's interest rate hikes are draining liquidity. Under high interest rates, funds are flowing back from altcoins to Bitcoin. Regulatory pressure is increasing: Stablecoin trading has a premium of nearly 8%, and Asian funds are collectively withdrawing. The cryptocurrency market presents both opportunities and risks; staying vigilant and timing is key. I also discovered a project with huge short-term growth potential! If you want to keep up, click on my profile and follow me for free sharing.