#ETF关注 This is not the first time, and it will definitely not be the last time.

The "ATM Game" of the giant 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 of the month, 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 their own pocket;

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

On March 17, the whale countered by dumping 500,000 coins back to the exchange, and the price plummeted by 14% in an instant—those who shouted "buy the dip" heard the sound of wealth evaporating for the first time.

Early this morning, the script repeated: the price soared to a historical high of $68, but the whale sneered in the dark web-like on-chain data— the crazier it rises, the harsher it kills.

The resurrection of TRB's specter: The bloody carnival of trend followers.

When the market crazily spreads that "the TRB dealer has switched to AUCTION," I seem to see the ghosts of those investors who jumped off buildings during last year's TRB crash.

At 6 am, a certain 500-person coin trading group was boiling: "Charge! The TRB dealer is back, this time we 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 and bet all their savings;

At 1 pm, the price crashed to $47, and the group suddenly fell silent—some quietly left the group, while others sent water drop fundraising links...

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