【Cryptocurrency Dinner Turns into Liquidation: Champagne Raised, On-Chain Funds Running Wild!】
This is not a feast of consensus, but a pre-written liquidation script.
At the moment former President Trump raises his glass, 62% of the dinner's VIP guests have already completed their "elegant retreat" on-chain.
The curtain is lifted: the crypto drama is just a capital play between two.
On-chain evidence:
Before the dinner, out of the TOP 25 large holders, only 8 still hold assets (including Sun Yuchen).
The total value of holdings has been **cut in half from $120 million to $53 million**.
The remaining VIPs have already exited completely; raising their glasses is merely part of the performance.
The main characters behind the scenes are exposed:
Sun Yuchen + a mysterious address.
Monopolizing 80% of circulating tokens, controlling the rhythm of all price movements.
The so-called "consensus" is more like a meticulously staged capital puppet show.
What we see is a bustle; what is seen on-chain is cashing out.
The liquidation action timetable is precise down to every transaction.
May 12 (snapshot day): After taking a big group photo, hit the withdrawal button.
May 13-15: 17 addresses successively transferred to exchanges, totaling over $20 million.
May 23 (the eve of the dinner): 18 small transactions, totaling $3.8 million, a cover-up escape.
Ironclad rule in the crypto circle: some "dinners" are signals for harvesting.
While you are celebrating the "crypto feast", they are calmly inputting transfer instructions.
The higher the champagne is raised, the greater the selling pressure on-chain.
Rather than believing in “faith”, it’s better to open a browser and check if “their wallets are still there”.
A note to you still on the sidelines:
If you cannot access insider information in a timely manner,
at least learn one thing:
Look on-chain, not at the commotion.
Capital is ruthless, but on-chain data will not lie.
In summary:
"When you think you are invited to a consensus, you are often just precisely selected to be the last holder."