Mr. Dan ran away.

There are two points that he still hasn't realized:

First, the altcoins have been falling continuously. No matter how low the market value is, it is still hitting new lows, which shows that smart capital, even hot money, is not optimistic about the future market.

Second, from the perspective of Binance's holdings, almost all of the holdings were sold off and replaced with USDC. Translated into plain language, it means "changing to cash to prepare for the winter" (Figure 2), which shows that the platform is also quite pessimistic about any future market.

Therefore, as long as Mr. Dan still holds the idea of ​​long-term holding, he will most likely go bankrupt this year if he does not operate well.