This is not the first time, and it will certainly not be the last time.

The "ATM Game" of the whale: How does 26% circulation manipulate human nature?

Do you think you are trading coins? In fact, the coins are trading you.

On the 23rd, a certain whale quietly withdrew 2 million AUCTION from Binance, which is equivalent to 26% of the total circulation—this is like sweeping all the chips on the table into one’s own pocket;

On March 16, the AUCTION on Binance was almost drained, the price violently surged from $12 to $26, and countless retail investors shouted, "The bull is here!";

On March 17, the whale flipped and smashed back 500,000 coins to the exchange, causing the price to plummet 14% in an instant—those who shouted, "Accumulate on pullbacks" heard the sound of wealth evaporating for the first time.

Early this morning, the script was replayed: the price surged to a historic high of $68, but the whale sneered in the dark web-like chain data— the crazier the rise, the harsher the kill.

The resurrection of TRB: The bloody carnival of followers

When the market spread rumors that "TRB's big player switched to AUCTION," I seemed to see the ghosts of last year's investors who jumped from buildings during the TRB crash.

At 6 AM, a certain 500-member coin trading group boiled over: "Charge! The TRB big player is here, this time it must double!"

At 9 AM, the price surged to $68, the group owner posted a screenshot of a million-dollar profit, and the newbies turned red-eyed, betting all their savings;

At 1 PM, the price collapsed to $47, and the group suddenly fell silent—some quietly left the group, while others sent links for crowdfunding...

This is not investment; this is a carefully designed collective madness.