📰#FeiXiaoHao News: 0xSun: Major wallets are 'retiring' to secondary wallets due to pressure from copy trading and conspiracy theories affecting operations
Trader 0xSun published an analysis stating that an increasing number of major wallets, both domestic and international, are choosing to 'retire' their main wallets in favor of secondary accounts or new wallets. There are two main reasons for this:
First, the pressure from copy trading is too great. Once the main wallet buys in, various copy trading bots inflate the price, causing the price to reach the expected increase immediately, leaving no room for further operations. Selling can easily attract public criticism, and holding faces the risk of selling pressure;
Second, to avoid being targeted by conspiracy theories, such as unfounded speculations about 'insider information,' 'collaborative harvesting,' or 'secondary accounts dumping,' which create emotional burdens.
0xSun believes that while this trend can reduce operational pressure, it also weakens on-chain transparency, creating more opportunities for market manipulation, which could negatively impact the overall environment.