While publicly disclosed addresses deserve respect, they are undeniably dangerous. Think about it: in every bear market, someone has been targeting the liquidation price of ETH at large, publicly disclosed addresses. The most recent example is last March when the entire internet was focused on a single large address. At the time, I lamented the "dark forest" state of the crypto world. Further back, there was Cai Wensheng; I hadn't been in the crypto scene long then, but I remember seeing ETH at over 800, which marked the beginning of my psychological aversion to ETH. The current situation is similar. When an address is under intense scrutiny from the entire market, coupled with extremely poor liquidity and susceptibility to price manipulation, publicly disclosed addresses become even more dangerous. Especially since many groups are saying that Yi (Easy) has unlimited hidden cards, it's like playing Texas Hold'em or Dou Dizhu (a popular Chinese card game) where everyone lays their cards on the table – there's always someone trying to take advantage… I also have some spot positions, and personally, I'm more inclined to believe that the continuous decline stems from price manipulation under conditions of extremely poor liquidity (and a generally weak macroeconomic environment with no capital inflows). The crypto market is currently just a long-tail sector within the US stock market. Gold and silver prices easily dictate the entire market capitalization of the crypto market. When this tiny crypto river flows into the world dimension, it's far too easy for it to be targeted by potential ancient behemoths... When this tiny crypto river flows into the ocean of the world dimension... (I typed too fast just now, but that's roughly the gist of it. Hope it doesn't affect readability.)
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