Last night, I checked a large transfer on the blockchain, initially thinking it was just a "coincidence."


But I patiently broke down the path: first moving out from the exchange's hot wallet, passing through two layers of intermediaries (basically just changing disguises), then into a perpetual margin address, and casually throwing some funds into the bridge for hedging...
To put it simply, it's not mysterious funds, but a set of operational procedures that can be explained.
If you only focus on that "huge" transaction, it's easy to jump to the conclusion of insider trading, and then I got itchy to open a position, only to be proven wrong the next day.
By the way, it reminded me of the recent chain gaming inflation + studio + coin price spiral, where funds also like to wash through this cycle to create the illusion that "someone is taking over."
Anyway, now I see "coincidence" as a roadmap—if I'm wrong, I'll admit it.
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