This is not the first time, and it will certainly not be the last time.
The 'ATM Game' of the giant whale: How does 26% circulation manipulate human nature?
You think you are trading coins? Actually, the coins are trading you.
On the 23rd of the month, a giant whale silently withdrew 2 million AUCTION tokens from Binance, equivalent to 26% of the total circulation — this is like sweeping all the chips from the table into one's own pocket;
On March 16th, the AUCTION tokens on Binance were almost drained, and the price violently surged from $12 to $26, with countless retail investors shouting 'The bull is here';
On March 17th, the giant whale sold back 500,000 tokens to the exchange, causing the price to plummet 14% in an instant — those shouting 'buy the dip' heard the sound of wealth evaporating for the first time.
Early this morning, the script replayed: the price surged to a historical high of $68, but the whale sneered in the dark web-like blockchain data — the crazier the rise, the harsher the kill.
The resurrection of the TRB dead: The bloody carnival of followers.
When the market frantically spread the rumor 'The TRB operator has switched to AUCTION', I seemed to see the spirits of last year's investors who jumped off buildings during the TRB crash.
At 6 AM, a group of 500 crypto traders was in a frenzy: 'Charge! The TRB operator is here, this time it must double!'
At 9 AM, the price surged to $68, and the group owner posted a screenshot of a million in profits, the newcomers turned red-eyed and bet all their savings;
At 1 PM, the price collapsed to $47, and the group suddenly fell silent — some quietly left the group, and others sent links for crowdfunding...
This is not investing; this is a carefully designed collective madness.