Cryptocurrency Massacre! 90% of Altcoins Going to Zero? Captain: The 10 coins that survive will soar 1000 times! When the daily active addresses of Ethereum suddenly surge, it's like a sleeping giant whale has turned over—either the whales have awakened to stir things up, or retail investors' FOMO emotions are running high!

Captain's Analysis: The Truth Behind the Data

Active address surge ≠ Bull Market is Here

Latest data shows that the number of daily active addresses on Ethereum has skyrocketed to 553,000, hitting a new high in a year. But don't rush to invest everything! Data from the same period in 2024 once surged to 1.96 million transactions and quickly cooled down; this time may again be a "flash in the pan" orchestrated by institutions.

Captain's Sharp Commentary: Just like that fake peak in January 2024, big players used bots to inflate the volume and create a false sense of prosperity, resulting in a price collapse a month later!

A Game for Big Players, a Trap for Retail Investors

Currently, the single-user TVL on Ethereum is as high as $178,700, which is 90 times that of Solana! This indicates that the increase in activity may come from whales trading stablecoins, rather than genuine ecological prosperity. A typical case:

An institution last week created the illusion of 21,000 active addresses by circulating USDT through 50 addresses.

Uniswap's trading volume accounts for 97% of Ethereum, but 90% comes from fewer than 10 market maker addresses.

"L2 is Competing for Users, the Mainnet Becomes a Vault"

Captain's Summary

Short-term: This surge in activity may be the "data beautification" before ETF players pump the market; be careful not to become the bag holder!

Long-term: Ethereum is becoming the "Crypto Swiss Bank"—big players safely deposit their money, while retail investors play with MEMEs.

Remember! The market is not wrong; we are! I am the Captain, leading a top-tier layout team, only serving the ambitious lunatics with vision!!