According to Foresight News, trader 0xSun wrote an analysis stating that an increasing number of major players, both domestically and internationally, are choosing to 'retire' their main wallets and switch to smaller or new wallets. There are two main reasons for this: first, the pressure from copy trading is too great; once the main wallet makes a purchase, various copy trading bots drive up the price, causing the purchase to immediately reach the expected increase, leaving no room for further operations, making selling easily subject to public criticism, and holding assets faces the risk of selling pressure; second, to avoid being attacked by conspiracy theories, such as 'insider information', 'joint harvesting', and other baseless speculation that brings emotional burdens.
0xSun believes that while this trend can reduce the pressure of trading, it also weakens on-chain transparency, creating more opportunities for market manipulation, which may have a negative impact on the overall environment.