In the past, I often heard people say that Chinese people trade among themselves, but I haven't seen much of that lately. In fact, most of the coins in this circle are issued by those American bastards, while Asians, especially Chinese users, make up the vast majority in this circle, and they also hold the largest share of capital (the largest number of users from the bankruptcy of the international giant FTX came from China). This is because Chinese people particularly like to make money and have a high savings rate, and they are the ones being cut. These scammers issue coins and manipulate the market at will, either smashing the spot market to sell off or biting into whichever side of the contract is profitable, cutting one batch after another into the market. There aren't many good things, and they are essentially no different from Trump.