#MYX 1. "80% Chip Monopoly + -2% Fee Scissors: Uncovering MYX's 'Bloodsucking' Control Chain"
2. "Shorts Losing 2% Every Hour! MYX's 'Weaponized Fees' Harvesting 12.84 Million"
3. "The 1900% Surge Trap in Secondary Markets: How Do Operators Use Shorts as 'Fuel for Pumping'?"
Operator Control Three-Step Kill
I. Low-Position Accumulation: Chip Monopoly in Panic
• False Breakout Trap: Operators Long-Term Consolidate in the $0.05~$0.1 Range, Repeatedly Breaking Support Levels to Create Panic, Inducing Retail Investors to Cut Losses, Secretly Accumulating Over 80% of Circulating Chips (About 125 Million). Technical Characteristics Exhibit a 'Slow Decline - Rapid Drop' Cycle, with Trading Volume Continuously Shrinking.
• Regulatory Evasion Strategy: Only Listing on Secondary Exchanges like Bitget, Alpha, Avoiding Risk Control of Major Exchanges like Binance. On-chain TVL Stagnates at $25.4 Million, but Daily Trading Volume is Pushed Up to $460 Million Through Wash Trading, Exposing Deep Falsification with Real Liquidity Insufficient to Support 6% Trading Volume.
II. Fee Strangulation: The 'Bloody Fuel' of Shorts
• Long Position Ambush + Violent Pump: After Accumulating Spot, Operators Open Massive Long Positions in the Futures Market, Violently Raising Prices from $0.1 to $2 in 72 Hours (2000% Increase). Manipulating Spot Prices to Remain Above Futures, Pressing Funding Rates Down to -2%/Hour (Annualized -17,520%), with Shorts Being Exploited for 2% of Principal Every 8 Hours, Causing a Liquidation of $12.84 Million Within 24 Hours.
• Both Long and Short Kill Signal: When Funding Rate Breaks ±1%/Hour, It Enters a Dangerous Zone:
◦ Rate < -1%: Attracts Shorts to Increase Positions, Operators Pump and Liquidate;
◦ Rate > +1%: Induces Longs to Enter, Then Dumps to Harvest.
III. False Prosperity: The Carnival Trap Created by Wash Trading
• High-Frequency Wash Trading by Related Addresses: 6 Addresses Bought 6.72 Million MYX (About $3.92 Million) Through 2240 Transactions, Concentrating Deposits to the Same Bitget Address, Faking a Daily Trading Volume of $460 Million.
• Technical Indicator Divergence: During the Pump, RSI Soared to 87.2 (Severely Overbought), but MACD and Trading Volume Showed Significant Divergence, Releasing Reversal Signals that Went Unnoticed.
🛡️ Retail Investor Anti-Cutting Rule
Beware of External Pumping: When Secondary Exchanges like Bitget Exhibit Significantly Higher Gains than Binance, 90% Are Control Traps.
Stay Away from Fee Battlefields: Immediately Reduce Positions When Funding Rate Surpasses ±1%/Hour, Must Liquidate When Breaking ±1.5%/Hour to Avoid Becoming 'Fuel for Both Long and Short Explosions.'