Seeing the Essence Through the Phenomenon — Alpha Completely Kills Real Users

There is an alpha token on Binance, where large amounts have lower wear and tear, while small amounts experience more wear. The purpose may be intentional by Binance, as this approach leads to an epic increase in trading volume, the data looks good, and it indirectly discourages a large number of retail investors, for one reason — they can't compete.

If we look purely at the data, it seems quite good, but if we can't retain real users, then what is the significance of this activity?

Additionally, funds can be isolated and transferred to prevent manipulation. After using this account, I can transfer to the next account through another exchange. Based solely on the data, Binance has the most real users playing alpha with amounts between 1000u-2000u, which directly kills their patience and enthusiasm.

The results of this approach are as follows:

1. Small fund real retail investors are directly discouraged.

2. The threshold score for Binance will increasingly rise.

3. Studios are completely benefiting, as a single amount of 10,000u can support dozens or even hundreds of accounts.

4. The data looks good, trading volume increases, but real users will become fewer and fewer.

#alpha