#BZZ

After the flash crash event on the 10th and 11th, it is certain that someone quietly lost a significant amount...

Whether from the perspective of confidence or from the balance sheet data, it is indeed true that a considerable amount of large funds are continuously selling BTC to fill the gaps...

After all, after the big liquidation market, their positions on the altcoins have been completely liquidated, and BTC is now the only channel for capital recovery...

This just explains why the spot premium continues to decline with the price...

On the surface, everyone pretends that everything is peaceful and tranquil, but internally it must be a rush, right?

🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥

1011 Great Liquidation: The Common Karma of the Crypto Community

1011 is not a one-time disaster,
It is a mirror.
What is reflected is
The greed of the project party,
The institution's calculation,
Retail investors' gambling nature,
and the karma created by the entire industry.

"Only by following the big scammer can one make big money"

This sentence became popular in 2017,
At that time, we took it as a joke,
Now I only know—
That's no joke, that's the underlying logic of the crypto world:
It's not about who deceives whom,
Everyone is betting that they are not the last one to be deceived.

This is not a unilateral evil,
It is a collective conspiracy by all members:
The project team tells a story,
VC manufacturing valuation,
KOL conveys emotions,
Retail investors gamble their lives at the table.

Everyone claims to be a victim,
Everyone has hoped that "someone else will take over for them."

The cryptocurrency world has never been a market; it is a dojo.
Here,
Without true faith,
Only reincarnation:
→ Making a fortune (bragging, scamming, harvesting leeks)
→ Liquidation (Margin Call, Zero Balance, Settlement)

We scold the scammers while...
Praying not to miss the next Ponzi scheme.

The crypto space is not a place for creating value,
It is a light house that exposes the limits of human nature to the naked.
Greed, fear, jealousy, schadenfreude...
All the inner demons that can't be eliminated,
Will manifest here.

In the cryptocurrency world, there are no purely naive investors and manipulators.
Only the creators and the recipients rotate with each other.

🙏