#数字资产动态追踪 $LIGHT This wave of market movement is essentially a textbook example of pumping and dumping.
The fee rate suddenly dropped to a negative value—traders' eyes didn't even blink, and those in the know immediately saw the signs. The sharp straight-line surge earlier was suspicious in itself, coupled with abnormal on-chain fund flows, making a dump inevitable sooner or later. Experienced traders immediately warned in chats: close long positions, open shorts in the opposite direction, and in just a few minutes, they harvested tens of thousands of dollars.
But such quick reactions are not something everyone can do. A slight hesitation could put the account in danger.
For traders whose mindset isn't yet stable enough, it's recommended to stay away from these kinds of volatile coins. Trading with mainstream tokens for swing trades might yield smaller profits, but survival is the top priority.
The recent plunge has wiped out all the chasing-high positions.
Rather than saying this is a market crash, it's more like the cost of greed.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
11 Likes
Reward
11
5
Repost
Share
Comment
0/400
SigmaValidator
· 9h ago
It's the same trick again. As soon as the fee rate turns negative, I know it's over. I should have exited earlier.
View OriginalReply0
SerumSqueezer
· 9h ago
Taking a bite of noodles for every 0.1-second delay—that's the real crypto world.
View OriginalReply0
BlockBargainHunter
· 9h ago
Negative fee, instant reverse and make ten thousand dollars. I'm actually still hesitating whether to close the position or not.
View OriginalReply0
wagmi_eventually
· 9h ago
It's the same trick again. The moment the contract fee rate reverses, I knew something was going to go wrong.
View OriginalReply0
GasGasGasBro
· 9h ago
It's the same old trick, I'm already tired of it. When the fee rate changes, you should run immediately; a half-second delay in reaction turns you into a rookie.
#数字资产动态追踪 $LIGHT This wave of market movement is essentially a textbook example of pumping and dumping.
The fee rate suddenly dropped to a negative value—traders' eyes didn't even blink, and those in the know immediately saw the signs. The sharp straight-line surge earlier was suspicious in itself, coupled with abnormal on-chain fund flows, making a dump inevitable sooner or later. Experienced traders immediately warned in chats: close long positions, open shorts in the opposite direction, and in just a few minutes, they harvested tens of thousands of dollars.
But such quick reactions are not something everyone can do. A slight hesitation could put the account in danger.
For traders whose mindset isn't yet stable enough, it's recommended to stay away from these kinds of volatile coins. Trading with mainstream tokens for swing trades might yield smaller profits, but survival is the top priority.
The recent plunge has wiped out all the chasing-high positions.
Rather than saying this is a market crash, it's more like the cost of greed.