Bitcoin smashed through key support in one night, the sound as piercing as shattering glass; Ethereum followed closely, crashing down with a clean break; as for altcoins? They’ve already fallen to the point of being unrecognizable, even by their own mothers!
The market crash has sparked various speculations. Are institutions fleeing collectively? Is there a looming global economic cloud? However, on-chain data points to a more chilling truth: the U.S. Department of Justice wallet address (starting with 0x1b5) holds a staggering 225 million USDT!
This is by no means an ordinary whale taking a stroll—this is the state machine invading your backyard! This massive amount of USDT likely comes from confiscated 'black market' assets. Legal robbery, do you dare to disagree?
The key lies in who holds the money; whoever holds it controls the lifeblood of the market! Want to crash the market? 200 million USDT pouring out is enough to collapse the pool and cause a decoupling; want to control the market? This is the sword of Damocles hanging over the market, sending the most naked signal: from now on, the rise and fall of the cryptocurrency world will be dictated by the state!
The rules of the game have been turned upside down. In the past, it was a game between retail investors and institutions; now it has escalated into the crushing of private capital by state capital! The little chips in your hand are like dust in the face of national-level power. Every 'asset disposal' could be a carefully planned directional blast!
Adding fuel to the fire is the Middle Eastern powder keg. Iran threatens to block the Strait of Hormuz—the lifeline for 20% of global oil transport. Once oil prices soar, risk-averse funds will flee from high-risk crypto assets, becoming the most direct trigger for the crash.
Just before the crash, Tether issued an additional 2 billion USDT on the Tron blockchain. The intention might have been to stabilize the market, but it only intensified panic: 'Another round of liquidity? Is something going to happen?' The fear index instantly plunged into the abyss of 'fear'.
The future cryptocurrency world belongs only to truly capable and resilient quality projects. Dreaming of getting rich by blindly buying altcoins? It’s time to wake up! Junk projects will eventually go to zero; the reshuffle has just begun.
Is blindly bottom-fishing during a crash trend any different from seeking one's own demise? The cryptocurrency world has completely changed—the era of rogue traders has ended, and the regular army has rolled in with tanks to clear the field. The prehistoric giant whale of state capital can create huge waves with every flick of its tail.
Panic is useless, and cursing is even more futile. You either develop a discerning eye to predict the 'national dealer’s' strategy and scrape by in the cracks, or tighten your belt, clutching your survival money, waiting for a new order shaped by strength and rules to arrive.
When regulators become the dealers, can you be sure your strategy will still work? Follow Shangguan Qi to truly understand the future chessboard of the cryptocurrency world.