🚨 Crypto circle's 24-hour horror: From 'Trump's crash' to 'whale taking the blame'
On May 23, 2025, a magical drama unfolded on the Binance Smart Chain (BSC) -
- 10 AM: On-chain monitoring shows that a mysterious address '0x26aEa...7e2ADB853c74' is crazily selling off $600,000 worth of B coins, causing the price to plummet instantly!
- 12 PM: Media goes wild with rumors of 'Trump family liquidating WLFI', causing retail panic and a 41.5% drop in B coin within 24 hours, wiping out $120 million in market value!
- 3 PM: Plot twist! Media like BlockBeats confirm: The seller is actually a giant retail whale following the trend, while WLFI's official holdings remain unchanged!
💡 Little Fatty's sharp comment: This operation can be described as 'copying homework and getting the teacher in trouble', the Trump team must be confused: 'The pot fell from the sky!'
💥 The truth behind the crash: The 'death scythe' of the follow-up address
1. The 'suspicious operations' of the mysterious address
- Timeline:
- May 22, 2 PM: The WLFI official address '0xA713fc94d...9c66c3433dCA98559F' bought 1 million B coins (about $250,000)
- May 23, 10:00 AM: The follow-up address '0x26aEa...7e2ADB853c74' liquidates 2.7 million B coins (about $600,000)
- Key detail: The address initiated position building within half an hour after buying WLFI, sold off after holding for only 20 hours, a classic case of 'buying high and selling low'!
2. Follow-up address: The 'shadow operator' of the crypto circle
- Strategy analysis:
Operation steps purpose
Monitoring large holders/institutional trades by capturing target address dynamics through on-chain data
Quickly follow up on buying and selling, utilizing APIs for a head start, retail investors have not even reacted before the trade is completed
Creating market panic by crashing prices during sell-offs, then buying back at low levels
- Typical case: A certain exchange once exposed the 'follow-up teacher' industry chain, causing retail investors to frequently follow trades, resulting in a fee sharing exceeding 50%!
🤯 Trump crypto project 'failure history': From fundraising failure to chaotic crash
1. Last October: WLFI's 'epic failure'
- Aiming to raise $300 million, only managed to sell $11.8 million (less than 5%)
- The official website crashed due to excessive traffic, retail investors mocked: 'Are Trump's retail investors not enough?'
- Tokens are only available for purchase by 'qualified investors' (net assets over $1 million), directly excluding retail investors
2. The three major flaws exposed by this incident
- Lack of risk control: The official failed to issue a warning about the whale's sell-off in advance, leading to market misjudgment
- Community operation failure: Retail investors turned to B coin speculation due to inability to participate in WLFI tokens
- Media blunders exacerbate the situation: MMS News first spread the rumor of 'WLFI selling off', then deleted the article quietly after being called out
💎 Retail investor risk avoidance guide: How to avoid becoming a 'bag holder'
1. Three traps to watch out for in following trades
- Fake address phishing: Market makers often use fake accounts to disguise themselves as large holders to induce following
- Delayed data trap: On-chain data is delayed by 10-30 minutes, retail investors are always one step behind
- Contract liquidation chain reaction: High leverage following trades can be forcibly liquidated in minutes
2. Little Fatty's exclusive pitfall avoidance tips
- Verify the official address: The WLFI official address has been verified multiple times, directly copy it to the block explorer for verification
- Beware of 'information vacuum periods': Don't rush to bottom fish during a crash, wait 30 minutes to confirm the authenticity of the news
- Set up a stop-loss bot: Use 'conditional orders' for automatic stop-loss to avoid emotional trading
Final advice:
- Don't trust the 'Trump aura', he can't even keep his Twitter account
- Stay away from high leverage; the volatility of Meme coins can turn you from 'club model' to 'working hard' in seconds
- Learn to check the chain! The block explorer is the last 'safety net' for retail investors
