That day, I stared at a bubble chart for a long time. My friend recommended a new coin to me, saying it had the backing of big institutions, and the price was frighteningly stable. I almost went all in.
Out of habit, I still took a quick look at BubbleMaps first.
🫧 The large bubbles on the chart looked like several giant planets, surrounded by numerous smaller bubbles orbiting around them. I clicked in to check, and these 'planets' were almost all new wallets, with creation times differing by less than an hour.
At that moment, my heart sank halfway. This wasn't institutional support, but rather a few people manipulating a universe.
As expected, three days later, the wallets of the large bubble began transferring to exchanges, and the price plummeted like a kite with a broken string.
If I hadn't taken that extra glance that day, I might have been buried in this 'planet collapse.'
In the market, the most expensive thing isn't the entry chips, but the cost of not seeing the structure clearly.